Bonny Crude Oil Terminal
|Owner/Operator(s):||Royal Dutch Shell PLC|
|Updated:||01 Jan 2011|
Bonny Crude Oil Terminal News
Royal Dutch Shell PLC declared force majeure on its Nigerian Bonny Light crude Monday, after multiple pipeline fires and leaks blamed on sabotage.
Force majeure has been declared on August and September exports of key Nigerian benchmark Bonny Light crude, Royal Dutch Shell PLC said Wednesday.
Shell Petroleum Development Co., or SPDC, is close to completing the construction of a major pipeline in the country's oil-rich Niger Delta at a cost of $1.1 billion, a spokesman said Monday.
Oil flow from the Cawthorne Channel field, which feeds into Nigeria's Bonny oil terminal, was restored Saturday after being shut down for more than five days because of damage to a pipeline, said a Royal Dutch Shell PLC spokesman Thursday.
Royal Dutch Shell PLC said Sunday its Nigeria unit shut down its Cawthorne Channel-Bonny pipeline after a spill due to sabotage, as disruptions continue despite a militant amnesty last year.
Shell Petroleum Development Company-operated Joint Venture has awarded marine contracts to two Nigerian firms, a company spokesman said Monday.