Shell Says Nigerian Force Majeure Affects Bonny Crude Loadings
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Nigeria’s Bonny Light crude for loading loaded in December and January will be affected by a force majeure declared by Royal Dutch Shell Plc on Nov. 19 after a pipeline leak, a company spokesman said.
“We investigated and discovered that the leaks were caused by crude theft”, Precious Okolobo, Shell’s spokesman in Nigeria, said by phone from Lagos. Repairs on the Trans Niger Pipeline “are progressing but I can’t confirm when they will be completed”.