Business

Shell declares force majeure on Nigerian Bonny Light crude exports

Isaac UmunnaComment(0)

Royal Dutch Shell’s Nigerian subsidiary SPDC declared force majeure on Bonny Light crude oil exports effective from Jan. 20, a spokesman said on Wednesday.

The spokesman said the decision came after the shutdown of the Nembe Creek Trunk Line (NCTL) and declaration of a force majeure by the pipeline’s operator, Aiteo.

The NCTL is one of two major pipelines carrying Bonny Light crude to the export terminal.  Reuters

 

 

Isaac Umunna

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