Delay’s To Nigeria’s Forcados Oil Exports Extended

From Business Day Online

By Business Day Online

Delays on exports of Nigeria’s Forcados crude oil have been extended from five to 10 days after damage to pipelines caused by suspected oil theft, trade sources said on Thursday.

Royal Dutch Shell on Monday said it had declared force majeure on the grade and on Bonny crudes, two of the larger grades pumped by Africa’s top producer.

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