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 » Shell declares force majeure on Bonny Light exports

    Shell declares force majeure on Bonny Light exports

    August 29, 2015
    Share
    Facebook Twitter LinkedIn WhatsApp
    Bonny oil terminal.
    Bonny oil terminal.

    29 August 2015, Lagos – The spate of pipeline vandalism and crude oil theft in the Niger Delta is increasingly assuming alarming proportion as Shell Petroleum Development Company (SPDC) has again declared force majeure on the exports of Bonny Light grade of crude oil as result of the activities of vandals and oil thieves.

    This action is coming in less than one week after the company lifted the force majeure it had declared on gas supplies to the Nigeria LNG plant in Bonny Island in Rivers State, following a leak on the Eastern Gas Gathering System (EGGS) caused by oil thieves, who had thought that the pipeline was used for crude oil.

    The declaration of force majeure on exports of Bonny Light is also coming barely one month after the oil giant lifted a force majeure on exports of Forcados crude oil stream, which was declared on May 5, following leaks that were detected on the Trans Forcados Pipeline – the export delivery line for Forcados crude.

    The force majeure on Forcados had effectively stalled the exports of 189,000 barrels per day of Forcados Crude in May and 158,000 barrels per day scheduled for June.

    Shell declared the force majeure following what it described as “a series of leaks” in the Forcados pipeline that transports the crude oil to the Forcados Export Terminal in Delta State.

    Trans-Forcados pipeline is the main pipeline that transports crude oil produced by Shell and other third parties in the western Niger Delta to the export terminal.

    The pipeline is a crude oil facility but the liquid condensate produced in gas fields, together with the gas is also normally evacuated through the pipeline, thus the closure of the pipeline usually affects power generation as power stations are shut down due to lack of gas

    Shell’s spokesman, Mr. Precious Okolobo said in a statement yesterday that the company declared force majeure of Bonny Light Exports due to the shutdown of the Trans Niger Pipeline (TNP) and Nembe Creek Trunkline (NCTL).

    “SPDC JV (joint venture) declared force majeure on Bonny Light exports effective August 27, 2015 following the shutdown of both the Trans Niger Pipeline (TNP) and Nembe Creek Trunkline (NCTL). A leak was reported on the TNP at Oloma in Rivers State, while the NCTL is shut down for the removal of crude theft points. SPDC is working to repair and reopen the two lines as quickly as possible,” Okolobo said.

    Okolobo did not disclose the volume of crude oil affected by the shutdown of the two pipelines.

    But the Shell-operated TNP and the NCTL are the two major pipelines used by Shell and third party to transport crude oil produced in the Eastern Niger Delta to the 480,000 barrels per day capacity Bonny Export Terminal in the Bonny Island of Rivers State.

    Shell had during its latest divestment of onshore assets sold NCTL and Oil Mining Lease (OML) 29 to Aiteo Consortium for $2.5 billion but has not handed over the operatorship of the pipeline to the new owners.

    Related News

    ‘Nigeria’s $5bn oil-backed loan from Aramco delayed by oil price drop’

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

    Seplat to establish office in Akwa Ibom, gets govt approval

    E-book
    Resilience Exhibition

    Latest News

    ADNOC Gas takes FID and awards $5b contracts for RGD project

    June 10, 2025

    ‘Nigeria’s $5bn oil-backed loan from Aramco delayed by oil price drop’

    June 10, 2025

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

    June 10, 2025

    Seplat to establish office in Akwa Ibom, gets govt approval

    June 10, 2025

    Afreximbank reaffirms financial resilience and transparency

    June 10, 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.