The Shell Petroleum Development Company of Nigeria Ltd (SPDC) shut down the Nembe Creek Trunkline (NCTL) on Monday (15th April) to remove crude oil theft connections and investigate suspected oil theft leaks. Production of some 150,000 barrels of oil per day has been deferred due to the shutdown. As a result, SPDC has declared force majeure on Bonny Light export.
Posted: April 17, 2013, 1:00 pm
Shell is a global group of energy and petrochemical companies. Our headquarters are in The Hague, the Netherlands, and our Chief Executive Officer is Ben van Beurden.
The parent company of the Shell...