Nigeria’s Forcados crude loadings delayed by leak -sources


March 4 (Reuters) –

* Loadings of Nigeria’s Forcados crude oil have been delayed by at least 10 days after a leak on the main pipeline, industry and local sources said.


* Flows through the key Trans Forcados pipeline were temporarily reduced while the leak was being repaired last week, one of the sources familiar with the matter said.

* Royal Dutch Shell, which operates the export terminal, did not respond immediately to a request for comment.

* The pipeline usually carries between 200,000 and 240,000 barrels of oil per day. (Reporting By Julia Payne in London and Tife Owolabi in Yenagoa Editing by David Goodman)

Previous articleZimbabwe central bank borrows $985 million from African banks
Next articleUganda says Rwanda partially lifts trade blockade
Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.