Punch: Uncertainty persists over reopening of Forcados oil terminal
2 October 2016
More than seven months after it was shut down, the Forcados export terminal remains offline, with the operator, Shell Petroleum Development Corporation, saying it cannot tell when it will be reopened.
September 21, 2016 marked exactly seven months that Shell declared force majeure on the export of Forcados, one of Nigeria’s largest crude oil grades.
The force majeure, a legal clause that allows it to stop shipments without breaching contracts, came a week after the Forcados export line was attacked by militants in the Niger Delta.