Shell lifts force majeure on Bonny Light crude exports

Thu, Mar 16, 2023
By editor
1 MIN READ

Oil & Gas

THE Shell Petroleum Development Company of Nigeria Ltd., (SPDC), operator of the SPDC joint venture, says it has lifted the force majeure on Bonny export programme with effect from March 15, 2023.

Mrs Bola Essien-Nelson, the Media Relations Manager of SPDC, confirmed in a statement made available to the News Agency of Nigeria (NAN) in Lagos

NAN recalls that the force majeure was declared on March 3, 2022, following a significant decline in crude receipts at the Bonny Oil and Gas Terminal. (NAN)

A.

Tags:


OPEC daily basket price stood at $73.05 per barrel Wednesday

THE price of OPEC basket of 12 crudes stood at $73.05 a barrel on Wednesday, November 20, 2024, compared with $72.56 the previous...

Read More
Boost for Nigeria’s Oil Production, as NNPC’s Utapate crude grade hits global Oil market

…OML 13 Asset Eyes 80,000 bpd by End of 2025 IN a major boost for Nigeria’s crude oil production, revenue...

Read More
OPEC daily basket price stood at $71.2 a barrel Monday

THE price of OPEC basket of 12 crudes stood at $71.2 a barrel on Monday, November 18, 2024, compared with $71.11 last Friday,...

Read More