Lagos — Royal Dutch Shell and Total have declared force majeure on two crude oil grades.
According to Reuters, Bonny Light, a product of Shell and Amenam by Total is currently under force majeure following a turbulent week in the Niger Delta region.
Both grades of crude are light and sweet, typically suitable for gasoline production.
The Bonny Light-exporting Nembe Creek Trunk Line closed on April 21 following a fire, operator Aiteo said, and Shell said it had declared force majeure on April 25.
The Bonny Light exports pipeline exports 222,000 barrels per day in June and 184,000 bpd in May, but Reuters said trading sources said they were awaiting new loading plans. Shell said the export terminal continued to run.
A port source told Reuters that oil-well shutdowns had reduced Amenam’s daily production and led to force majeure. Exports of Amenam are typically around 100,000 bpd, and trading sources said loadings had been delayed by roughly 25 days.