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MarketWatch: Chevron Nigeria: 23,000 barrels per day affected by pipeline attack

(This article was originally published Friday.)

LAGOS (MarketWatch) — Chevron Nigeria, a unit of ChevronTexaco (CVX), says 23,000 barrels per day of its production are affected by a recent attack on a pipeline belonging to Shell Petroleum Development Company of Nigeria, but explained it has not declared force majeure on its commitments to buyers.

“Our production of approximately 23,000 bpd cannot however be sent through the Shell line to Bonny Terminal,” Chevron said in an e-mail to Dow Jones Newswires Friday.

A pipeline belonging to Shell in the east area of Niger Delta was vandalized by unknown persons last weekend, forcing it to declare a force majeure on 180,000 b/d. Shell had previously shut in 477,000 b/d in the western area of the region.

Another attack on a flowstation Tuesday belonging to Agip Nigeria Oil Company, a unit of ENI Group, in Agbainbiri, Bayelsa State, led to a shut in of 35,000 b/d of crude oil.
The latest incidents in the Niger Delta raised Nigeria’s total shut-in production to 715,000 b/d.

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