Petroleum Africa
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Wednesday, March 26, 2014
Shell has had to declare a force majeure on exports of the Forcados oil grade due to a pipeline leak caused by oil theft in Nigeria’s Niger Delta. According to a Shell statement unknown persons “installed a crude theft point” on the pipeline in a water depth of about eight meters.
In a statement the company said that a “slight sheen” was visible near the line in the water. Shell said earlier this month that it had suspended third-party exports of the Forcados grade.
No timeframe was given for repairs, but did say that it was looking to reopen the export line as soon as possible.
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