Tuesday, 15 August 2023 04:54

Shell resumes crude oil exports at Forcados terminal, official says

Rate this item
(0 votes)

Exports of Nigeria's Forcados grade of crude oil resumed on Sunday, a Shell spokesperson said on Monday, roughly a month after loadings of the medium sweet grade were suspended because of a potential leak at the export terminal.

Sources had told Reuters that exports of the grade, which was scheduled to ship 220,000 barrels per day (bpd) in July, were halted on the evening of July 12 after workers saw fumes near a single buoy mooring where oil was being loaded onto a vessel.

A single buoy mooring is essentially a floating loading facility that allows large tankers to moor offshore to discharge cargoes.

Shell confirmed that injections into the terminal had been curtailed after the report, though no force majeure was declared.

The Shell spokesperson said the cause of the suspension would be determined by a joint investigation between company and community representatives in tandem with government agencies.

The suspension of Forcados loadings contributed to Nigeria becoming the second-biggest contributor to the drop in OPEC crude oil output in July, a Reuters survey showed.

 

Reuters

June 12, 2025

Oil prices rise to 2-month highs on worries of escalating US-Iran tension

Oil prices edged higher on Thursday to their highest in more than two months, after…
June 12, 2025

Nationwide protests loom as Tinubu addresses N’Assembly on Democracy Day

Tension is high as the Take It Back Movement leads nationwide protests today, June 12,…
June 12, 2025

Self-made millionaire shares the hardest money conversation he had with his wife: ‘I’m sweating thinking about it’

Self-made millionaire, author and TV host Ramit Sethi knows a thing or two about money.…
June 07, 2025

‘Nigerians are marrying all our daughters’, Kenya’s President Ruto, cries out

Kenyan President William Ruto has stirred up a storm on social media with his provocative…
June 10, 2025

13 killed in fresh attacks in sokoto and plateau states amid rising insecurity

At least 13 people have been killed in separate violent incidents in Sokoto and Plateau…
June 12, 2025

Here’s the latest as Israel-Hamas war enters Day 615

US slams UN conference on Israel-Palestinian issue, warns of consequences U.S. President Donald Trump's administration…
June 10, 2025

Apple announces biggest software changes in years

Apple on Monday announced sweeping changes to its product ecosystems, including a wide-ranging revamp of…
May 13, 2025

Nigeria's Flying Eagles qualify for World Cup after dramatic win over Senegal

Nigeria's U-20 national football team, the Flying Eagles, have secured their place at the 2025…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.