Tuesday, July 17, 2018
Royal Dutch Shell has confirmed that it lifted the force majeure declared May 17 on exports of Nigerian crude Bonny Light following the repair and reopening of the Nembe Creek Trunkline.
Bonny Light is one of Nigeria’s key export grades, with production of 200K-250K bpd, and is popular with global refiners.
Bonny Light was under force majeure earlier this year and three times last year due to pipeline leaks caused by attacks from militants.