Royal Dutch Shell Plc  .com Rotating Header Image

Reuters: Shell: Force majeure on Nigeria Forcados exports

Mon Jan 14, 2008 12:16pm EST

LONDON, Jan 14 (Reuters) – Royal Dutch Shell (RDSa.L: Quote, Profile, Research) has declared a force majeure on crude shipments from its Forcados export terminal in Nigeria after last week’s pipeline attack, a spokesman said on Monday. Exports have been halted since Friday due to sabotage at two of its pipelines connected to the Forcados export terminal. Production has not been affected, the spokesman said.

Oil output at Forcados was around 100,000 barrels per day, an industry source said last week, and was expected to reach 200,000 bpd by April.

A force majeure allows companies to suspend contractual obligations, such as deliveries of oil and gas, following unforeseen events without incurring penalties.

(Reporting by Randy Fabi)

© Reuters 2008 All rights reserved

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.