5/16/2016
U.S. oil company, Exxon Mobil Corp, says it has suspended exports from
Nigeria’s top crude stream due to renewed activities of militants in the
Niger Delta region. A statement from the company says it had declared a
force majeure – a suspension of deliveries because of events beyond its
control – on Nigeria’s Qua Iboe crude oil grade BFO-QUA, and that a
portion of production had been curtailed after a drilling rig damaged a
pipeline.
Only last week, Royal Dutch Shell shut down one of its major pipelines
and declared force majeure on Bonny Light crude exports due to renewed
militant activities in the oil-rich Niger Delta region.
A new militant group, Niger Delta Avengers, attacked an oil platform in
Delta belonging to Chevron.
No comments:
Post a Comment