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Wednesday, 23 December 2020 05:16

Exxonmobil says it has issued a force majeure on Nigeria's Qua Iboe terminal

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ExxonMobil issued a force majeure on Nigeria’s Qua Iboe crude oil export terminal last week, a spokesman said on Tuesday, after a fire hit the facility and injured two workers.

The spokesman did not say how much production would be lost, or when the terminal would come back online. At the time of the incident, ExxonMobil said it did not anticipate any impact to operations at Qua Iboe, which is among the largest oil export streams in Nigeria, Africa’s largest crude exporter.

A source told Reuters production is expected to resume in early January.

 

Reuters