BUSINESS
Shell declares force majeure on Bonny Light due to NCTL closure
The Shell Petroleum Development Company of Nigeria Ltd (SPDC) on Wednesday said it has declared force majeure on Bonny Light exports effective 12:00hrs Nigerian Time, 10th May 2016.
This follows a leak that led to the closure of Nembe Creek Trunk line for repairs by the operator, AITEO Eastern E & P Company Ltd.
Earlier report said there was a blast on the trunk line around Kalabari community of Rivers state with no information about the cause and who was behind the explosion.
The 100 kilometre NCT pipeline, which was commissioned in 2010 and has a capacity of 600,000 b/d, carries Shell-operated Bonny Light crude to the Bonny export terminal.
However, SPDC gas supply to the 22mn t/yr Bonny Island LNG production facility was continuing, Shell said.
This is coming less than a week after Chevron said 35,000 b/d of its Nigerian net crude production had been halted by an attack on its offshore Okan facility, and three months after Shell suspended production of Forcados.