Shell Nigeria lifts force majeure on Bonny Light exports – Reuters

Shell

July 7 (Reuters) – Royal Dutch Shell’s Nigerian division lifted a force majeure on exports of Bonny Light crude oil on Thursday, the latest sign that Nigeria’s oil production is recovering after being hit by militant attacks in its oil-rich delta region.

The force majeure was lifted from 09:00 a.m. Nigerian time (0800 GMT) on Thursday, the company said in a statement, following restoration of production into Bonny Terminal.

Two other Nigerian crude oil grades – Forcados and Brass River – remain under force majeure. But the country’s oil production has remained resilient despite some of the worst militant attacts in decades on delta region oil facilities.

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