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Breaking: Shell Joint Venture declares force majeure on Bonny Light exports

News Express |27th Aug 2015 | 3,953
Breaking: Shell Joint Venture declares force majeure on Bonny Light exports

The Shell Petroleum Development Company Joint venture (SPDC JV) this afternoon declared force majeure on Bonny Light exports.

SPDC Corporate Media Relations Manager Precious Okolobo said in a statement issued in Port Harcourt that the force majeure is “effective August 27, 2015 following the shutdown of both the Trans Niger Pipeline (TNP) and Nembe Creek Trunkline (NCTL).”

He explained that “a leak was reported on the TNP at Oloma in Rivers State, while the NCTL is shut down for the removal of crude theft points,” adding: “SPDC is working to repair and reopen the two lines as quickly as possible.”

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