• 3 minutes Oil Price Could Fall To $30 If Global Deal Not Extended
  • 8 minutes Why Is America (Texas) Burning Millions of Dollars Per Day Of Natural Gas?
  • 11 minutes Is $60/Bbl WTI still considered a break even for Shale Oil
  • 15 minutes CNN:America's oil boom will break more records this year. OPEC is stuck in retreat
  • 52 mins The Pope: "Climate change ... doomsday predictions can no longer be met with irony or disdain."
  • 21 hours Hormuz and surrounding waters: Energy Threats to the World: Oil, LNG, shipping markets digest new risks after Strait of Hormuz attack
  • 1 day As Iran Nuclear Deal Flounders, France Turns To Saudi For Oil
  • 21 hours The Magic and Wonders of US Shale Supply: Keeping energy price shock minimised: US oil supply keeping lid on prices despite global risks: IEA chief
  • 1 hour Middle East on brink: Oil tankers attacked off Oman
  • 7 hours Russia removes special military forces from Venezuela . . . . Maduro gone by September ? . . . Oil starts to flow ? Think so . .
  • 1 day Never Knew Gasoline Prices were this important!
  • 12 hours Plants are Dying
  • 23 hours (Un)expectedly: UK Court Sets Assange U.S. Extradition Hearing For February 2020
  • 4 hours The Latest: Iranian FM Says US Cannot Expect To ‘Stay Safe’
  • 18 hours We Are Better Than This
  • 7 hours Emmissions up, renewables nowhere
  • 2 days Britain makes it almost 12 days with NO COAL
A Geopolitical Energy Grenade In Europe

A Geopolitical Energy Grenade In Europe

A geopolitical energy grenade is…

Nigerian Protesters Storm Shell Crude Oil Flow Station

Shell

Hundreds of Nigerians stormed on Friday a Shell-owned crude flow station that feeds the Bonny export terminal, protesting against lack of jobs and demanding infrastructure development, according to a Reuters witness.

The protesters were also asking for an end to oil pollution in the Niger Delta and claimed that they were not benefiting from the oil-rich resources in the restive area. The army sent reinforcements to the Belema Flow Station in Rivers State, after the protesters had said that they would remain at the facility for two weeks, according to the witness.

It was not immediately clear if the protest had disrupted any operations or if the situation has had an impact on crude oil production.

The Nigerian unit of Shell said on July 24 that it had shut its Trans Niger Pipeline due to a leak, while the managing director of the Nigerian National Petroleum Corporation (NNPC) said that the pipeline was attacked, effectively shutting in 150,000 bpd of crude oil output.

Shell’s Nigeria subsidiary, Shell Petroleum Development Company (SPDC), said back then that it had shut the pipeline following a leak that had occurred in Ogoniland. Trans Niger Pipeline is the other export route for Bonny Light exports, the first being the Nembe Creek Trunk Line, which had closed earlier in July. The closure of the Trans Niger Pipeline effectively shut Bonny Light exports for a few days.

Related: China Prepares For A Natural Gas Import Boom

On July 28, Shell extended the force majeure on Bonny Light because of the Trans Niger Pipeline closure, and a source told Reuters that the Nembe Creek Trunk Link had resumed operations.

Nigeria, which is exempt from the OPEC output cut deal, has started recovering its crude oil production in recent months after militant attacks abated. In July, Nigerian crude output averaged 1.748 million bpd, up by 34,300 bpd compared to June, according to OPEC’s secondary sources. Nigeria, together with fellow exempt African producer Libya, contributed the most to OPEC’s 172,600-bpd output increase last month.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment
  • EL on August 12 2017 said:
    Nigeria Oil Delta always with its militancy problem, it is a hard nut for the government to crack and even harder to handle as the oil firms want to produce and make profit. Offering locals jobs and development only embolden them to even agitate more. Best is for oil firms to go deepwater, as the locals believe oil companies owe them a share of their profits.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News