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Nairametrics

Shell reopens Trans Nigeria Pipeline

Nairametrics by Nairametrics
May 18, 2015
in Uncategorized
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Shell reopened on May 16 the Trans Nigeria pipeline that feeds Bonny Light crude oil to the export terminal, a spokeswoman said on Monday.

The pipeline, which has the capacity to carry 180,000 barrels of crude oil per day, was closed on May 12 following a leak caused by attenpted theft.

There were four to six days of delays on the pipeline, traders said, which could cause some June-loading cargoes to be deferred to July.

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Shell has said it did not declare force majeure on loadings.

 

Tags: News Review
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Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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