Shell Shuts Down Trans Niger Pipeline

Shell

Anglo-Dutch oil giant Shell said it shut down the Trans Niger Pipeline on Monday because of a leak at Gio, in Ogoniland, Rivers state, also in southern Nigeria.

“We are working towards a joint investigation visit into the cause of the leak, preparatory to repair of the line,”  said Precious Okolobo, the spokesman for Shell’s Nigerian subsidiary SPDC.

He did not disclose the volume of production shut-in, but the pipeline is estimated to transport 180,000 barrels per day of crude to the Bonny exports terminal.

Shell last week lifted the force majeure on Bonny Light exports, which was declared on May 11 after a leak was found on the Nembe line, Okolobo added.

Militant group, Niger Delta Avengers (NDA) blew up the Qua Iboe crude oil terminal operated by ExxonMobil.

Security sources said that the militants stormed the terminal at about 7.30 p.m and bombed the terminal with dynamites.

Qua Iboe is Nigeria’s largest crude oil stream and exports usually more than 300,000 barrels per day.

Reports suggest that Nigeria may be losing about N2.79 billion daily as a result of the bombing.


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