Shell’s Director of Global Upstream, Andrew Brown, confirmed that Royal Dutch Shell has resumed crude exports from the Forcados terminal in Nigeria’s restive Niger Delta following repairs after a militant attack in early 2016, Reuters reported.
The Niger Delta Avengers attacked the 400,000b/d Forcados oil terminal in February. This compelled Shell to announce a force majeure, with the Nigerian National Petroleum Corporation (NNPC) declaring over $2.18b in losses during the period, according to All Africa.
It is unclear when Shell and its partners, Axion Energy Argentina SA and Pampa Energia SA, actually resumed sales of oil through the channel. Although the repair of the terminal was initially scheduled for May, reports suggested that operations only started in late September.
This comes as the Nigerian oil ministry had earlier said that the country’s oil output had risen to 1.9mb/d, up from the previously reported 1.4mb/d. Although he did not mention the reasons behind this boost in crude production.
