Exxon did not reveal how much was lost to the fire incident at the Qua Iboe Terminal, and also did not indicate when exactly production will resume. However, the oil firm said that it never anticipated an impact on its operations at Qua Iboe.
An insider revealed to Reuters that the company expects operations to resume at the terminal in January 2021.
“On Dec. 13, Mobil Producing Nigeria experienced a fire at the process area of the Qua Iboe Terminal. Two employees were injured, one has passed in the course of receiving medical treatment… We are saddened by this unfortunate incident, and are providing support to the family.”
The Qua Iboe crude oil is produced from numerous offshore fields in the Bight of Biafra. The crude from fields 20 to 40 miles offshore from Nigeria’s South Eastern region, are brought to shore via a sea bed pipeline system to the Qua Iboe terminal.
The Qua Iboe Terminal is located on the eastern side of the Qua Iboe river estuary and contains nine crude oil storage tanks with a total capacity of 4.5 million bbls.