Shell Lifts Force Majeure On Nigeria’s Forcados Crude
Shell lifted a force majeure on exports of Nigeria’s Forcados crude oil after the pipeline transporting it reopened, the company said in a statement Monday.
The removal of force majeure followed the reopening of the Trans Forcados pipeline by operator Heritage Energy Operational Services Limited, a spokeswoman for the Shell Petroleum Development Company of Nigeria said.
Heritage Energy Operational Services Limited (HEOSL) shut down the facility on April 4, 2020. Following this, Shell Petroleum Development Company of Nigeria Limited (SPDC), operator of the SPDC Joint Venture, had declared a Force Majeure on the Forcados Oil Terminal Off-take Programme effective at about 5pm of April 6, 2020.
Forcados exports were set at roughly 245,000 barrels per day (bpd) in May and 283,000 bpd in April.
Peace Obi with agency report