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Shell: Nigeria Soku Gas Plant Shut Dn Days After Restarting

THE WALL STREET JOURNAL

APRIL 6, 2009, 11:07 A.M. ET

LAGOS, Nigeria (Dow Jones)–A major gas and condensate plant operated by the Shell Petroleum Development Company in Nigeria has been shut down just eight days after it came online from a four-month shutdown, a Royal Dutch Shell PLC (RSDB) spokesman said Monday.

The Soku gas plant in southern Rivers State has been shut down again, this time “for operational reasons,” Shell spokesman Precious Okolobo said. Okolobo declined to give further details, and said Shell would have the plant online again “as soon as we can.”

The plant was restarted March 29 after being shut down since November year after attacks by oil thieves caused leakages in the pipeline.

Before the shutdown in November Soku was supplying 1.1. billion cubic feet of gas a day to the Nigerian Liquified Natural Gas plant – 40% of NLNG’s total gas supply – and 30,000 barrels a day of condensate to an export terminal.

Nigeria supplies 10% of the world’s liquefied natural gas supply.

Oil production in Nigeria is frequently disrupted by oil thieves or militants attacking pipelines and other installations.

SPDC and NLNG are joint ventures between the Nigerian National Petroleum Corporation and international oil majors Shell, Total SA (TOT) and Agip SpA.

-By Will Connors, contributing to Dow Jones Newswires. [email protected]. +234 708 246 0459

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