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SPDC declares Force Majeure on Bonny Light exports

The Shell Petroleum Development Company of Nigeria Ltd (SPDC) has declared Force Majeure on Bonny Light exports for the remainder of August as well as September and October. The declaration which came into effect today (August 23) is due to production deferment from several pipeline incidents in Eastern operations.

In one instance, SPDC recorded six separate oil spill incidents on the Okordia – Rumuekpe trunk line at Ikarama in Bayelsa State, between August 2 and 15 this year, all from hacksaw cuts by unknown persons. On August 21, another three hacksaw cuts were reported on the nearby Adibawa delivery line. Some production is shut in while SPDC repairs the line.