Tuesday, June 14, 2011

SPDC declares force majeure on Nigeria?s Bonny oil

LAGOS? -? Shell Petroleum Development Company of Nigeria Limited (SPDC) has declared force majeure on Bonny Light loadings for June and July 2011. The declaration is as a result of production cutbacks caused by leaks and fires which occurred last week on the Trans Niger Pipeline (TNP).

Joint Investigation visits comprising government agencies, communities and SPDC found that the incidents were caused by hacksaw cuts which indicate third party interference and activities of unknown persons.

The leaks have been repaired leading to resumption of production at the weekend. The TNP which transports production from SPDC and third parties in its Eastern operations to Bonny Terminal, was affected by leaks and five separate fire incidents on both the 24? and 28? lines in Bodo, Bera, Biera and Mogho all in Ogoni land, on June 9.

SPDC immediately shut the lines, mobilised its pipelines response and fire fighting teams and extinguished the fires by June 11.

Contacted, Shell Nigeria?s Media Manager, Mr Tony Okonedo, declined comments on affected volume, noting that the important point to note is that the fires had been put out, no lives were lost and normalcy restored. He admitted that the fires and leaks were caused by sabotage.

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Source: http://feedproxy.google.com/~r/vanguardngr/dIeb/~3/CByUUS6RQL4/

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