Shell declares force majeure on Nigeria’s Bonny Light exports

Kayode Ogundele
Kayode Ogundele
Shell

The Shell Petroleum Development Company of Nigeria Ltd has declared force majeure on exports of Bonny Light, Nigeria’s reference crude oil grade.

The oil major, in a statement on Wednesday signed by its spokesperson, Bamidele Odugbesan, said the force majeure took effect by 12pm on Tuesday, May 10, 2016.

It said the decision came as a result of a leak that led to the closure of Nembe Creek Trunk line for repairs by the operator, Aiteo Eastern E & P Company Ltd.

The SPDC did not disclose the cause of the leak in the statement.

Shell had in February declared force majeure on liftings from the Forcados export terminal, following the disruption in production caused by the spill on its subsea crude export pipeline.

A group named Niger Delta Avengers claimed responsibility for the attack on the Shell oil pipeline which shut down 250,000 barrels-per-day export terminal.

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