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AFP: Shell says oil pumping again at sabotaged Nigerian terminal

29 Feb 2008 10:52 GMT

LAGOS (AFP) – Anglo-Dutch group Shell said oil was pumping again Friday at its Bonny Island terminal in southern Nigeria after repairs following a sabotage attack.
 
“We have resumed oil lifting at Bonny following a successful repair of the burst pipeline accounting for a daily production of some 130,000 barrels of crude,” a company spokesman told AFP.

This is estimated to be about a quarter of the Bonny terminal’s capacity.

The spokesman said force majeure measures — which allow companies to suspend contractual obligations due to unforeseen events without incurring penalties — declared for February and March were still in force.

Shell has also declared a force majeure on exports from the Forcados terminal in southern Nigeria until the end of February because of pipeline sabotage.

Shell is Nigeria’s largest oil operator, accounting for around half of the country’s daily output of 2.6 million barrels at peak production, but unrest in the Niger Delta have slashed production by a quarter since January 2006.

http://news.yahoo.com/s/afp/20080229/wl_africa_afp/nigeriaoilunrestshell

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