No force majeure on Nigerian Bonny Light crude exports after incident – Shell

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* Royal Dutch Shell said that no force majeure was declared on Bonny Light crude oil exports after a fire in an area around a key pipeline.

* Nigerian oil firm Aiteo, operator of the Nember Creek Trunk Line (NCTL), said the pipeline had not been impacted by a fire last week and had been shut since Feb. 28

* The NCTL is one of the two key pipelines that transports oil from various fields to the Bonny Light export terminal.

* Shell’s local subsidiary SPDC operates exports from the terminal. (Reporting by Julia Payne, editing by Louise Heavens)

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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.

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