By Sebastine Obasi, with Agency report
There are concerns that following disruptions of the oil flows on the pipeline feeding the Trans-Forcados terminal in Nigeria, the facility faces more than two weeks of delays of oil cargo loadings, as no official June or July loading schedules have been released yet, oil industry sources said yesterday.
The flow of crude oil to the Forcados terminal is said to have resumed last week, but loading delays have continued to accumulate, also delaying the release of June and July loading programs, according to the sources. A tentative re-schedule plan for June has been prepared, but it is unlikely that the rescheduled loading dates will be kept, and delays could even be longer than expected, trading sources.
About two weeks ago, the Trans-Forcados pipeline that ships between 200,000 barrels per day, bpd and 240,000 bpd of oil to the Forcados…
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