Nigeria Loses 600,000bpd as Shell Declares Force Majeure on Bonny Light

Shell Petroleum Development Company of Nigeria Limited yesterday declared force majeure on export of Bonny Light, Nigeria’s high grade crude oil. 


This comes just four days after the oil major declared a force majeure on gas supply to the Nigeria LNG’s export facility on Bonny Island due to a leak on the Eastern Gas Gathering System pipeline which Shell uses in supplying most of its gas to NLNG.

Force majeure is a legal clause that allows an oil firm to stop shipments without breaching contracts.
According to Punch, Shell’s Media Relations Manager, Precious Okolobo, said the declaration was because of the shutdown of the Nembe Creek Trunk Line. Inaugurated in 2010, the 100km Nembe Creek Trunk Line which feeds the export terminal has a capacity of 600,000 bpd.

With this declaration, about 600, 000 barrels per day of the Bonny Light crude oil and other productions in Nigeria have now been shut in.

Apart from the Bonny Light crude oil, the other crude oil grades under force majeure are Qua Iboe, Forcados and Brass River.


The attack on oil facilities and installations by militants have worsened the country’s revenue as production and exports continue to suffer.

OJPals, what do you think? Sound off below!

@OJ’s Blog EXCLUSIVE
Email: olumidejohnson.blogs@gmail.com

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