Forbes/AFX News Limited: Shell restores exports after Nigerian pipeline blast: Posted Sat 7 Jan 2006
LAGOS (AFX) - Royal Dutch Shell has restored oil exports from its fields in southern Nigeria following a pipeline explosion which had initially cut production by 180,000 barrels per day, a statement said today.
The company said it had lifted its declaration of 'force majeure', an earlier warning to crude oil importers that it would not be able to honour its supply contracts following a dynamite attack on one of its main Niger Delta pipelines on Dec 20 which killed eight people.
The decision 'follows repairs to most of the facilities which were affected in the explosion and an adjustment to internal crude oil supply arrangements,' Shell's statement said.
Shell had progressively increased production and exports from its Bonny Island terminal since the incident and said last week that it was still losing some 15,000 barrels a day.
afp/jfr
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