Shell may be forced to completely shut down its 150,000 barrel per day Nembe Creek oil pipeline in Nigeria due to an "unprecedented" amount of oil theft, the company's local unit said on Monday. The Nembe trunkline is one of the most important production routes for Africa's top crude oil exporter, feeding the benchmark Bonny Light export terminal. The pipeline was replaced in 2010 at a cost of $1.1 billion, Shell says. A spokesman for Nigerian security forces in the ...
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