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COVERNEWSLETTEROIL & GAS

Shell Nigeria Declares Force Majeure On Bonny Light

Shell Petroleum Development Company of Nigeria Ltd, SPDC, has declared force majeure on Bonny Light exports following a leak that led to the closure of Nembe Creek Trunk line for repairs by the operator, AITEO Eastern E & P Company Ltd.

The oil company on Wednesday, May 11 shut down its Bonny Light export terminal in Niger Delta, Bloomberg reports.

Shell said earlier a leak had shut down the exports, however a community leader said an explosion of an oil pipeline triggered the shutdown.

“There was a blast on the trunk line around Kalabari community of Rivers state,” said Nengi James, a community leader dealing with oil and gas companies operating in the region.

“We don’t know the cause and who is behind the explosion.”

The shutdown at Bonny Light is expected to drag down Nigeria’s oil export to its lowest in more than two decades.

 

 

 

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