Shell rules out force majeure on oil export after Nembe fire vanguardngr.com vanguardnews
Dutch Shell has disclosed that it does not have plans to declare force majeure on Bonny Light exports after a fire in an area around a key pipeline.
It stated: “The NCTL is one of the two key pipelines that transports oil from various fields to the Bonny Light export terminal. Shell’s local subsidiary SPDC operates exports from the terminal.”Meanwhile, Aiteo Group has commenced investigation to ascertain the cause of the fire that raked its operations in Nembe Creek, Bayelsa state.
It stated: “Preliminary investigations confirm that there were no fatalities; human incidents or damage to community property. All the wells and facilities in the immediate vicinity have been inspected and secured. This incident did not occur at or involve any part of the NCTL or other pipelines. It is important to note that prior to this incident, all facilities have been shut down since 28 of February 2019 due to NCTL outage.
The Ministry of Petroleum Resources report disclosed that Nigeria’s output dropped from 2,081,936 barrels per day, bpd recorded in December 2018 to 1,999, 292 bpd in January 2019.It showed that some oil companies, including Shell Petroleum Development Company have continued to record oil theft and vandalism despite the relatively calm in the region.
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