Shell Lifts Force Majeure on Nigeria’s Forcados Crude
The pipeline was shut down on April 4, Shell said in a previous statement. It declared force majeure on April 6.
SEATTLE (Oil Monster): Shell lifted a force majeure on exports of Nigeria’s Forcados crude oil after the pipeline transporting it reopened, the company said in a statement on Monday.
The removal of force majeure followed the reopening of the Trans Forcados pipeline by operator Heritage Energy Operational Services Limited, a spokeswoman for the Shell Petroleum Development Company of Nigeria said on Monday.
The pipeline was shut down on April 4, Shell said in a previous statement. It declared force majeure on April 6.
Forcados exports were set at roughly 245,000 barrels per day (bpd) in May and 283,000 bpd in April.
Courtesy: www.reuters.com
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