By Alexander Kwiatkowski
Feb. 27 (Bloomberg) -- Royal Dutch Shell Plc, Europe's biggest oil company, completed repairs to a pipeline in Nigeria that forced it to cut exports of the benchmark Bonny light crude in February and March.
The Nembe creek pipeline has been repaired and Bonny crude is being produced, Shell spokesman Rainer Winzenried said in a telephone interview today. He declined to comment on the rate of Bonny production. Bonny exports are still cut, he said.
Shell halted February and March exports of Bonny Light in early February, declaring a so-called force majeure, because security concerns stopped it from repairing a leaking pipeline. Force majeure is a legal clause that allows companies to miss contract deliveries because of circumstances beyond their control.
To contact the reporter on this story: Alexander Kwiatkowski in London at akwiatkowsk2@bloomberg.net
Last Updated: February 27, 2008 07:45 EST
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