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Reuters: Shell extends Nigerian oil export force majeure

Tue Feb 21, 2006 9:42 AM GMT
LAGOS (Reuters) – Royal Dutch Shell (RDSa.L: Quote, Profile, Research) extended a contractual exemption clause on exports of Nigerian crude oil from the EA and Forcados fields on Monday after militant attacks shut output, a company source said.
The force majeure clause, which exempts the company from delivering crude oil under long-term contracts, was initially imposed in January after a first wave of militant attacks, but was extended on Monday after another series of attacks at the weekend.

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