Monday, March 4, 2013

Voice of America: Shell Nigeria May Shut Oil Pipeline Due to Thefts

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
Shell Nigeria May Shut Oil Pipeline Due to Thefts
Mar 4th 2013, 22:34

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 ...

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

No comments:

Post a Comment