LONDON, May 23 – Flows of crude oil along Nigeria’s Trans Forcados pipeline have started to ramp up again after an outage of almost a week, several trading sources said on Wednesday.
Thank you for reading this post, don't forget to subscribe!The pipeline, which usually carries around 200,000 to 240,000 barrels of oil per day, was closed to repair a leak a week ago.
Royal Dutch Shell, which operates the Forcados oil terminal, said earlier in the day exports had not been disrupted by the closure, although industry sources have said June-loading cargoes of Forcados crude had already been deferred to July because of the temporary shutdown.
One industry source with knowledge of the matter said an inspection report had shown a pumping station further up the pipeline had restarted.
Operator Heritage Oil Ltd was not immediately available to comment. (Reporting by Amanda Cooper; Editing by Louise Heavens/Adrian Croft)
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