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Nigeria's Bonny Light, Amenam Oil Exports under Force Majeure

Source: www.gulfoilandgas.com 4/29/2019, Location: Africa

Exports of two Nigerian crude grades are suffering significant disruptions following a turbulent week in the country’s oil-producing Delta region. Royal Dutch Shell has declared force majeure on exports of Nigeria’s Bonny Light crude following the closure of one of two export pipelines, the company said on Monday. Amenam, operated by oil major Total , is also under force majeure. Both grades of crude are light and sweet, typically suitable for gasoline production.

The Bonny Light-exporting Nembe Creek Trunk Line closed on April 21 following a fire, operator Aiteo said, and Shell said it had declared force majeure on April 25.

Bonny Light exports had been planned at 222,000 barrels per day (bpd) in June and 184,000 bpd in May, but trading sources said they were awaiting new loading plans. Shell said the export terminal continued to run.

Oil-well shutdowns had reduced Amenam’s daily production and led to force majeure. Exports of Amenam are typically around 100,000 bpd, and loadings had been delayed by roughly 25 days.

Operator Total did not immediately respond to a request for comment.

Two Shell oil workers were kidnapped last week in Rivers state, an escalation that helped prompt state police to step up security operations.

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Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


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