Shell declares force majeure on Nigerian Bonny Light crude loadings

LONDON, Oct 27 (Reuters) - Royal Dutch Shell's
subsidiary in Nigeria SPDC declared force majeure on Bonny Light
crude oil loadings as of Monday, after the shutdown of a key
pipeline, a spokesperson said on Wednesday.

“(SPDC) has declared a Force Majeure on the Bonny Oil and
Gas Terminal Offtake Programme effective 1700 Nigerian time
(1600 GMT) on Monday 25 October 2021, following the shutdown of
the Nembe Creek Trunk Line (NCTL) by the operator, Aiteo
Exploration and Production Limited,” the spokesperson said.

The Bonny Light crude oil programme was set at 95,000
barrels per day (bpd) in November and 123,000 bpd in December.
The grade reaches the export terminal via two pipelines - the
NCTL and the Trans Niger pipeline.
(Reporting by Julia Payne; Editing by Jon Boyle)