Anglo-Dutch oil giant Shell on Friday lifted a force majeure on crude oil exports from Nigeria after repairing a supply pipeline that has been repeatedly sabotaged in the country's oil region.
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Shell's subsidiary in Nigeria (SPDC) said it "lifted the force majeure on Bonny Light exports effective noon today...following repair of recent spill points on the Trans Niger Pipeline (TNP)."
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Force majeure is a legal term releasing a company from contractual obligations due to circumstances beyond its control. Bonny Light is one of the main grades of crude produced in Nigeria.
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The force majeure was declared on October 10 as a result of spills recorded on the pipeline in the volatile oil-rich Ogoniland.
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Shell has since restored production of 150,000 barrels per day of crude shut in as a result of the incident.
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"Joint investigation of the spills has now been completed and the various reports signed off by all participants," the company said.
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Shell said it regretted the spills, adding that a detailed investigation of the root cause of the pipeline failure was underway.
Let us just try our possible best to do things the right way in our country. It's becoming really stressful when we do things over and over again!