’Femi Asu
With the declaration of force majeure on Bonny Light exports by Shell Petroleum Development Company of Nigeria Limited,
about 400,000 barrels per day of Nigeria’s production has now been shut in.
Force majeure is a legal clause that allows an oil firm to stop shipments without breaching contracts.
The oil major said in a statement signed by its spokesperson, Mr. Bamidele Odugbesan, on Wednesday that the force majeure
took effect from Tuesday, May 10, 2016.
It said the decision came as a result of a leak that led to the closure of the Nembe Creek Trunk line for repairs by the
operator, Aiteo Eastern E & P Company Limited.
The SPDC did not disclose the cause of the leak in the statement.
Shell had in February declared force majeure on liftings from the Forcados export terminal following the disruption in
production caused by the spill on its subsea crude export pipeline.
A group named Niger Delta Avengers claimed responsibility for the attack on the Shell oil pipeline, which shut down the
250,000bpd export terminal.
Commissioned in 2010, the 100-km NCT feeds the Bonny export terminal, and the disruption will affect the loading of seven
cargoes, representing a combined volume 217,000 bpd. It has a capacity of 600,000 bpd, according to Shell’s website.
The halt in Bonny Light loadings comes less than a week after Chevron said 35,000 bpd of its Nigerian net crude production
had been halted by an attack on its offshore Okan facility, and three months after Shell suspended production at Forcados.
If all Bonny Light production is cut, it will bring output to below 1.5 million bpd for the first time since September 1994,
according to Energy Information Administration data. Nigeria exports almost all its production.
http://www.punchng.com/nigeria-loses-400000bpd-shell-declares-force-majeure/

ok.

Abeg no be Shell matter dey worry me as i dey here so.

doublewisdom:
Abeg no be Shell matter dey worry me as i dey here so.

SAME HERE.

militants pls stop dis nonsense u r doing. I don't want Buhari to give excuse on why he couldn't fulfill his promises. He is looking for excuse and we must not give him the reason

odikimi:
militants pls stop dis nonsense u r doing. I don't want Buhari to give excuse on why he couldn't fulfill his promises. He is looking for excuse and we must not give him the reason

Like the zombies proclaimed during GEJ's tenure. The buck stops at Buhari's table. He came on a campaign of violence, intimidation and blood. Did he expect everyone to just welcome and bow to him after murdering his way to power? He is only reaping the fruits of violence that he planted pre-election.

Karma is a bitch

medpren:


Like the zombies proclaimed during GEJ's tenure. The buck stops at Buhari's table. He came on a campaign of violence, intimidation and blood. Did he expect everyone to just welcome and bow to him after murdering his way to power? He is only reaping the fruits of violence that he planted pre-election.

Not enough reason to destroy pipelines. I am more Jonathanian than u but I don't buy the idea of paying back Buhari is same coin. learn how to forgive as a Christian.
Jonathan has moved on with his life, so I see no reason why u n I should kill ourselves.

odikimi:

Not enough reason to destroy pipelines. I am more Jonathanian than u but I don't buy the idea of paying back Buhari is same coin. learn how to forgive as a Christian.
Jonathan has moved on with his life, so I see no reason why u n I should kill ourselves.

I'm not killing myself over anything. I am only enjoying karma play out itself like a movie.

medpren:


I'm not killing myself over anything. I am only enjoying karma play out itself like a movie.

May be when Buhari wipe out the entire region u will enjoy it more. Buhari hates the entire Niger Delta and we must no give him the reason to embark on the genocide he is planning against us.

odikimi:

May be when Buhari wipe out the entire region u will enjoy it more. Buhari hates the entire Niger Delta and we must no give him the reason to embark on the genocide he is planning against us.

Like the NDA said- "Buhari may be god to hausas and yoruba people but he is not god to the SE and SS." When he levels innocent communities, it will catapult him closer to his the hague cell and I pity the hausa in the Esst. Power ultimately rest with the grassroot people. All politics is local.