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Shell Nigeria lifts force majeure on Bonny Light exports – Reuters

HomeNewsShell Nigeria lifts force majeure on Bonny Light exports – Reuters
  • Shell
07
Jul
Shell Nigeria lifts force majeure on Bonny Light exports – Reuters
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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.

Continue to Reuters for more.


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