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Nigeria rebels say attack Shell oil pipeline

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Reuters: Nigeria rebels say attack Shell oil pipeline

Fri Apr 25, 2008 10:01am BS

LAGOS, April 25 (Reuters) – Nigerian rebels said on Friday they had sabotaged an oil pipeline in the Niger Delta belonging to Royal Dutch Shell (RDSa.L: Quote, Profile, Research) late on Thursday, the latest in a series of attacks in the region.

The Movement for the Emancipation of the Niger Delta (MEND) said it had used explosives to attack the pipeline at Kula river in Rivers state.

There was no immediate independent confirmation of the attack. Shell had no immediate comment.

Shell has been forced to shut 169,000 barrels per day of Bonny Light crude oil production after a pipeline attack in the Delta a week ago, and has said it is assessing the damage from two further strikes on Monday.

It has declared force majeure on Bonny Light exports for the rest of April and May, meaning it cannot guarantee to meet its contract commitments, although it has said some barrels would still be exported while the measure is in place.

“Our candid advice to the oil majors is that they should not waste their time repairing any lines as we will continue to sabotage them,” MEND said in an emailed statement.

“We have time on our side and there is so much to be destroyed,” the group said.

The unrest in the Delta, home to the world’s eighth biggest oil industry, has heightened fears about supply disruption and helped push world oil prices to new record highs.

(For full Reuters Africa coverage and to have your say on the top issues, visit: africa.reuters.com/ )

(Reporting by Tume Ahemba and Nick Tattersall; editing by Santosh Menon)

© Thomson Reuters 2008 All rights reserved.

http://uk.reuters.com/article/oilRpt/idUKL2539337520080425

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