Shell: Nigeria's Bonny Light Still Under Force Majeure
Royal Dutch Shell said on Wednesday a declaration of force majeure remained in place on shipments of Nigerian Bonny Light crude oil, while exports at the Forcados shipping hub were running as normal.
Shell's Nigerian subsidiary, Shell Petroleum Development Company of Nigeria Ltd (SPDC), said on May 17 it had declared force majeure on exports of Bonny light following a shutdown on the Nembe Creek Trunk Line stream.
Exports of Bonny Light are expected to run at around 195,000 barrels per day next month, making it Nigeria's third largest crude oil stream, behind Forcados and Qua Iboe.
Shell said in an emailed statement that operations at the country's Forcados oil terminal were running normally, despite a closure last week of the Trans Forcados Pipeline that carries a number of grades to the coast for export.
Reporting by Amanda Cooper
