Shell Terminal Exports Resume Amid Nigeria’s Production Slump
- Shipments restart after 10-week suspension for repair work
- NNPC hopes resumption will reverse country’s falling output
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Exports from Shell Plc’s Forcados oil terminal in Nigeria resumed after a 10-week interruption, offering a boost to the government amid tumbling crude production this year.
Shipments restarted following the completion of repair work at the coastal facility in the oil-rich Delta state, a spokesman for Shell’s Nigerian unit said in a statement on Thursday night. The company introduced the suspension on Aug. 5 due to problems with a sub-sea hose.