EVENT OVER
Event: Pipeline Outages – Force Majeure Lifted
Date and Time: As of 1730hrs UTC 13th July 2018
Location: Nigeria
Description: Royal Dutch Shell has lifted force majeure on Nigerian Bonny Light crude oil exports. The Nembe Creek pipeline had been shut since 17th May 2018.
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From: <[email protected]>
Date: Thursday, 24 May 2018 at 15:03
Subject: Pipeline Outages / Nigeria 02-210518 – UPDATE
EVENT ONGOING
Event: Pipeline Outages
Date and Time: As of 1200hrs UTC 24th May
Location: Nigeria
Description: Trans Forcados pipeline has resumed operation, with a pumping station coming back online. Shell stated that exports had not been disrupted by the closure, although some June cargoes
of Forcados crude had been deferred to July.
Nembe Creek Trunk Line remains under force majeure.
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From: Max Williams <[email protected]>
Date: Monday, 21 May 2018 at 21:01
Subject: Pipeline Outages / Nigeria 02-210518
EVENT ONGOING
Event: Pipeline Outages
Date and Time: As of 1200hrs UTC 21st May
Location: Nigeria
Description: Trans Forcados Pipeline has been shut for about a week and a half due to a possible leak which resulted in loss of approximately 240,000 barrels of crude per day. Force Majeure has
not been declared by the operators of the pipeline, Heritage Oil. Repairs are ongoing.
Shell Petroleum Development Company of Nigeria has declared Force Majeure on exports of Bonny Light Crude, due to a shutdown of the Nembe Creek Trunk Line by the operator, Aiteo Eastern E&P Company.
It has been estimated that Nigeria is losing approximately US$13 million per day due to the suspension of operations.
ARC will update should more information be received.
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