Shell Nigeria Lifts Force Majeure on Bonny Light Oil Exports
June 30 2017 - 7:27PM
Dow Jones News
By Obafemi Oredein
Special to DOW JONES NEWSWIRES
IBADAN, Nigeria--Royal Dutch Shell PLC's Nigerian unit on Friday
said it had lifted the force majeure that was declared on Bonny
Light oil exports because of a leak on the Trans Niger
Pipeline.
Bamidele Odugbesan, spokesman for the Shell Petroleum
Development Company, said the leak on the TNP occurred on June 1 at
Patrick's Waterside, Bodo in Ogoniland. A joint investigation found
the leak was caused by a hole drilled into the pipeline by unknown
persons, he said.
The force majeure declared June 8 was lifted June 28 after the
repair of the leak.
Mr. Odugbesan didn't say the quantity of oil that was shut-in
during the force majuere, or the production level since it was
lifted.
Write to Obafemi Oredein at realtimedesklondon@dowjones.com
(END) Dow Jones Newswires
June 30, 2017 19:12 ET (23:12 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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