Saturday 19 October 2013

NIGERIA: Shell Lifts Force Majeure

The Shell Petroleum Development Company of Nigeria (SPDC) has lifted the force majeure on Bonny Light exports, effective yesterday following the repair of recent spill points on the Trans Niger Pipeline (TNP).

A statement issued yesterday by SPDC spokesperson, Precious Okolobo, noted that the force majeure was declared on October 10 as a result of production deferment from the spills which were recorded on the 24-inch line of the TNP. He stated that "about 2,200 barrels of oil were spilled, of which more than 1,500 barrels have since been recovered. Further remedial measures, clean-up and repairs are continuing".

He said arrangements for payment of compensation were being made in conjunction with the people in Bunu-Tai and Nonwa-Tai, the two communities which the joint investigation confirmed were impacted by the spill.

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