Shell shut down the Trans Niger pipeline (TNP) after a fire broke out on its supply lines as a precautionary measure, a spokesman for the company said. It is, however, preparing to restart operation of the Forcados terminal following seven months of force majeure. The force majeure was declared after the NDA bombed an underwater pipeline feeding oil into the terminal.
Vandals and oil thieves have repeatedly attacked the pipe. Shell said it would investigate whether the fire was the result of… Read More
Matty I doubt if all sells especially the rounded 25k etc. Anyway its had no bearing on the SP! As soon as the terminal reopens this will rocket hence why the MM's happy to take shares sold at this level. All the best
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