Royal Dutch Shell Halts shipments from Nigeria’s Forcados export terminal About 200,000 barrels per day of crude oil is currently stranded as oil major Shell Plc halted crude shipments from Nigeria’s Forcados export terminal. The action is considered another blow to Nigeria which has struggled to stem falling production. Shell Petroleum Development Co. of Nigeria Ltd. issued a notice of force majeure on Forcados shipments, effective from midday on December 21, and plans to issue a revised offtake program in due course. READ ALSO: Nigeria Reduces Oil Prices for…
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