Shell Declares Force Majeure on Nigeria Bonny Light Crude Oil Exports

- August 23rd, 2011

Bloomberg reports that Royal Dutch Shell Plc’s (NYSE:RDS.A) Nigerian unit declared force majeure on its Bonny Light crude oil exports.

Bloomberg reports that Royal Dutch Shell Plc’s (NYSE:RDS.A) Nigerian unit declared force majeure on its Bonny Light crude oil exports.

The market news is quoted as saying:

Shell shut its Adibawa pipeline yesterday in the southern Bayelsa state after saboteurs cut crude lines and has begun repair works on the link.

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