Italia’s Eni has declared a force majeure on Nigeria’s Brass River grade of crude oil, once again throwing a spotlight onto the unreliability of exports from a country plagued by oil theft, Reuters reported. In fact, the forced interruption of operations adds to one from Shell on the Forcados BFO-FOC grade of crude oil that is still in place.
According to a trader cited by Reuters, the force majeure at Eni’s grade was declared after a fire on a pipeline occurred. As The News wrote, repair work on the pipeline feeding Nigeria’s Forcados crude oil to the export terminal is expected to last till June.