Shell, Total Lifts Force Majeure on Nigerian Forcados Crude, Gas
Stock Chart for Royal Dutch Shell PLC (RDSA)
Royal Dutch Shell Plc (RDSA) lifted its force majeure on Forcados crude exports as Total SA (FP) resumed gas supplies to Nigeria LNG Ltd., operator of the largest liquefied natural gas plant in Africa.
Shell rescinded the legal step that protects a company from liability when it can’t fulfill a contract for reasons beyond its control at 9 a.m. local time, Precious Okolobo, a Lagos- based spokesman said by phone. Total also ended its halt on gas supplies to Nigeria LNG and resumed normal production from onshore block OML 58 that pumps 90,000 barrels a day of oil, Anastasia Zhivulina, a Paris-based spokeswoman, said today in an e-mail in response to questions.
The loading halt on Forcados had been in place since Oct. 19 as a result of production deferment caused by suspected theft on Shell’s Trans-Forcados Pipeline and the Brass Creek link, the company said Oct. 22. Shell ended its force majeure on Bonny Light on Nov. 21.
In October, Shell, Total and Eni SpA (ENI), which together provide more than 80 percent of Nigeria LNG’s natural gas feedstock, declared a block on supplies because of damage to pipeline facilities and a water surge that inundated oil and gas fields in the Niger River Delta.
Eni’s force majeure on supplies to Nigeria LNG is still in place, the company said today in an e-mailed statement.
To contact the reporters on this story: Elisha Bala-Gbogbo in Abuja at email@example.com;
To contact the editor responsible for this story: Dulue Mbachu at
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.