June 21, 2018

Forcados crude flow could be halted until April

Forcados crude flow could be halted until April

Flows of Nigeria’s Forcados crude oil to the export terminal could be halted until April, sources told Reuters.

Pipeline operator SPDC, a Shell affiliate, put the grade under force majeure on Feb. 21, a week after a pipeline leak forced it to halt loadings to the export platform, according to an email from the company.

Local producers have had to shut Forcados crude output as a result, with local and trading sources saying it is likely to take until early April before the pipeline is repaired and oil production can resume and flow to the export terminal. Read more

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *