Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » ExxonMobil to try alternate pipeline to export Nigeria’s Qua Iboe crude

    ExxonMobil to try alternate pipeline to export Nigeria’s Qua Iboe crude

    August 11, 2016
    Share
    Facebook Twitter LinkedIn WhatsApp
    *ExxonMobil Nigeria headquarters.
    *ExxonMobil Nigeria headquarters.

    11 August 2016, London — ExxonMobil is working on a plan to export Qua Iboe crude oil via an alternate pipeline while it repairs damage to the main export line sustained in July, sources told Reuters.

    The crude oil grade, Nigeria’s largest export stream, has been under force majeure since mid-July, when the company said it detected a “system anomaly” on the subsea pipeline.

    Sources said the company later found substantial damage that would take at least one to two months to repair.

    An Exxon spokesman declined to comment on the plan to use an alternative pipeline, saying: “We’re continuing to make progress, but we would not speculate on a timeline for repairs.”

    Nigeria’s oil production has been hobbled by militant action since the beginning of the year, with state oil company NNPC saying pipeline attacks have taken out some 700,000 barrels per day (bpd) from production that is typically just above 2 million bpd.

    In addition to Qua Iboe, crude oil streams Forcados and Brass River are also under force majeure, while Bonny Light and Escravos exports have been hampered by pipeline closures.

    Exxon has said there was no militant involvement in the problem on the Qua Iboe line, though the Niger Delta Avengers claimed an attack on the 48″ pipeline just days before the force majeure was announced.

    Whatever the cause of the damage, port sources and oil traders said repairs would take months, spurring the decision to try to export via a second, smaller pipeline that also feeds the platform.

    “Exxon is preparing the alternate export line,” one source said, adding that if it is successful, some exports could emerge within two weeks.

    Two sources added that Exxon, and the Qua Iboe terminal itself, were not sharing details on the repair progress or export plans for fear of provoking militant attacks on oil infrastructure.
    *Libby George & Julia Payne; editing – Jason Neely – Reuters

    Related News

    ‘OPEC oil output rises in May but compensation cuts limit hike’

    Chevron CEO warned staff of rising safety issues before fatal Angola platform fire

    Oil prices steady ahead of US-China trade talks

    E-book
    Resilience Exhibition

    Latest News

    Shipping firms dodges $900m cost, as Nigeria hit by empty container glut

    June 9, 2025

    ‘OPEC oil output rises in May but compensation cuts limit hike’

    June 9, 2025

    Chevron CEO warned staff of rising safety issues before fatal Angola platform fire

    June 9, 2025

    Oil prices steady ahead of US-China trade talks

    June 9, 2025

    Kwairanga reiterates NGX’s commitment to deepening Nigeria’s capital market

    June 9, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.