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Shell Nigeria lifts force majeure on Bonny oil

By on July 12, 2011

Royal Dutch Shell  said on Tuesday it had lifted a force majeure on its Nigerian Bonny Light crude oil loadings which was declared on June 13 due to leaks and fires on its Trans-Niger Pipeline.

Shell’s Nigerian SPDC unit said in June that the leaks — caused by saboteurs who used hacksaws — had been repaired and production resumed on June 12, but the shutdown of the lines affected loading programmes at its Bonny export terminal.

Bonny is one of Nigeria’s top oil streams and is popular with refiners in Europe and the United States.

A Shell spokesman in Nigeria confirmed that the force majeure, which frees the company from contractual deliveries due to actions beyond its control, had been lifted but gave no further details.