Shell issues Forcados production warning in Nigeria due to sabotage, lifts Bonny Light warning
By Associated Press, Updated: Monday, October 10, 6:30 PM
LAGOS, Nigeria Royal Dutch Shell PLC is warning it cant meet Forcados crude production goals in Nigeria, after shutting down production on one of its pipelines in the oil-rich southern delta.
A Shell spokesman said in a statement Monday that its Nigerian subsidiary has declared force majeure on its Forcados crude shipment from October until December. The term is used when it is impossible for an oil company to cover the promised supply from the field.
Tony Okonedo says the Trans Forcados pipeline recorded a leak Thursday which had been caused by explosives.
Okonedo said that at the same time Shell was lifting a Bonny Light force majeure declared on Aug. 23.
Shells pipelines run across Nigerias oil-rich region of swamps, mangroves and creeks. Nigeria is a top supplier of crude to the U.S.