Fri, 23rd Aug 2013 08:40
GENEVA, Aug 23 (Reuters) - Nigeria will export 95,000barrels per day of the Bonny Light crude oil grade in October, aprovisional shipping list showed on Friday, down from a planned127,000 bpd in September.
The Bonny Light grade, operated by Royal Dutch Shell, has been under force majeure since April.
A force majeure relieves companies of their contractualobligations. A firm may opt to keep it in place if it can onlypartially meet commitments.
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TOP NEWS SUMMARY: Shell and BHP share unifications go into effect