Bonny light to Argentina amid pipeline woes
Nigeria Nigeria export terminal
While Shell Petroleum Development Company of Nigeria was able to lift the force majeure on exports of the Bonny Light crude grade on July 7, the Trans Niger Pipeline was again shut down on Monday due to a leak. One of two major trunklines carrying Bonny Light, the conduit will soon be inspected ahead of repairs. In May, Shell was forced to declare force majeure on exports of Bonny light due to a leak in the other trunkline, the Nembe Creek Trunk Line.
Shell’s cargo to Argentina is intended for a group of refiners, including Axion Energy, Oil Combustibles and Petrobras Argentina, and marks the third shipment of African crude so far this year.
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