Shell reopens Bonny Light crude export pipeline


LONDON (Reuters) Shell reopened on May 16 the Trans Nigeria pipeline that feeds Bonny Light crude oil to the export terminal, a spokeswoman said on Monday.
The pipeline, which has the capacity to carry 180,000 barrels of crude oil per day, was closed on May 12 following a leak caused by attempted theft.
There were four to six days of delays on the pipeline, traders said, which could cause some June-loading cargoes to be deferred to July.
Shell has said it did not declare force majeure on loadings. …Read More

Source:: PM Newspaper