LONDON, Jan 22 – Royal Dutch Shell’s Nigerian subsidiary SPDC declared force majeure on Bonny Light crude oil exports effective from Jan. 20, a spokesman said on Wednesday.
Thank you for reading this post, don't forget to subscribe!The spokesman said the decision came after the shutdown of the Nembe Creek Trunk Line (NCTL) and declaration of a force majeure by the pipeline’s operator, Aiteo.
The NCTL is one of two major pipelines carrying Bonny Light crude to the export termina. (Reporting By Julia Payne; Editing by Elaine Hardcastle)