Business Nigeria: Shell Pipeline Shut Down; Oil Revenue to Fall

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LequteMan

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Nigeria's oil export earnings is expected to suffer a huge blow following the shutdown of Shell's pipeline down the Nembe Creek Trunk Line.

Shell said it shut down the trunk line to remove a number of "oil theft connections," and also to repair leaks.

Exports of roughly 232,000 barrels per day (bpd) were planned in April, according to loading programmes, but it was not immediately clear how much of this would be impacted by the pipeline shutdown.

The line is one of two that carries Bonny Light to the export terminal.
 

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