Nigeria: Shell Resumes Oil Exports From Forcados Terminal

0 16

Oil exports resume at Shell terminal in Forcados oil terminal after a 10-week interruption amid ’s oil production slump

The resumption will definitely impact on the output of ’s oil production, offering a boost to the government amid tumbling production this year.

A spokesman for Shell’s Nigerian unit said in a statement last Friday that produced a daily average of 1.14 million barrels of oil and condensate -– a light hydrocarbon –- in September, according to government data.

Much of the slump can be attributed to production of three major export grades -– Bonny, Brass and Forcados — that has shriveled to a trickle in recent months.

Also Read: Shell To Resume Crude Oil Exports At Forcados Terminal At October End

The Nigerian government insists that massive is barring the authorities from achieving set objectives in with regards to production outputs.

He said the oil theft vocation, which is currently being addressed, denies over 400million barrels of oil every day.

The resumption of operations at the Forcados terminal and the 180,000 barrel per day Trans-Niger Pipeline will help add half a million barrels to daily output by the end of November, the Nigerian National Petroleum Co.’s chief executive, Mele Kyari, said in an earlier this month.

Related Posts

During the first half of the year, produced about 230,000 barrels a day of Forcados grade oil, according to government data.

Be the first to know when we publish an update

Leave a Reply