Nigeria’s Trans-Forcados oil pipeline shut due to leak -source

businessamlive

Nigeria’s Trans-Forcados pipeline which exports the Forcados crude oil is shut down for repairs to inspect a leak, a source with knowledge of the matter said, according to report seen by business a.m.

The pipeline was shut about 5 days ago, the source said

It transports about 200,000 to 240,000 barrels per day of crude

Trading sources said that loadings were delayed by at least a week

Terminal operator SPDC, a Royal Dutch Shell subsidiary and pipeline operator Heritage Oil declined to comment

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Onome Amuge is a Nigerian journalist and content writer known for his analytical and engaging reporting on business, finance, agriculture, commodities, and technology. He is currently a journalist at Business a.m., a Nigerian business-focused newspaper, where he has authored over 360 articles covering a wide range of topics including economic trends, market analysis, and policy developments.
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