Nigeria: Shell Reopens Forcados Terminal for Crude Export

9 Jun 2017   Nigeria

The Shell Petroleum Development Company of Nigeria Ltd (SPDC) operator of the Shell/NNPC Joint Venture on Tuesday lifted the 17 months force majeure placed on Forcados Export Terminal following the completion of repairs of the leaks on the Trans Forcados Pipeline (TFP) that has affected crude receipts into Forcados Terminal. The spokesperson of Shell Nigeria, Bamidele Odugbesan who confirmed the development to LEADERSHIP in a telephone chat said the force majeure was lifted effective 16.00hour (4.00pm local time) on Tuesday, June 6, 2017. He commended the government and securities agencies for their supports in ensuring the repairs of the pipelines stressing that the reopening of the crude export terminal will further improve the prospect of meeting the 2.2 million barrel per day (bpd) export target of the government. According to Bloomberg’s loading program, Nigeria’s crude shipment this month is expected to average about 250,000 bpd, adding that the extra […]

Comments are closed.