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    MarketForces Africa » MarketForces News » Eni Lifts Force Majeure on Nigeria Oil Exports

    Eni Lifts Force Majeure on Nigeria Oil Exports

    Marketforces AfricaBy Marketforces AfricaMarch 19, 2022 News No Comments1 Min Read
    Eni Lifts Force Majeure on Nigeria Oil Exports
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    Eni Lifts Force Majeure on Nigeria Oil Exports

    Italian energy group Eni (ENI) said it had lifted a force majeure on exports of Nigerian Brass River crude oil after it finished repairing a pipeline that had been damaged by a blast.

    Both Eni and Shell had announced the force majeure. Read: Shell, Eni Declare Force Majeure on Nigerian Crude

    Recall that the pipeline located in Nigeria’s Bayelsa state had been hit by the blast on March 5, prompting Eni to halt oil and gas flows from the Brass terminal.

    “Following the restoration of the Ogoda/Brass 24 oil pipeline at Okparatubo … force majeure has been lifted at Brass terminal, Bonny NLNG and Okpai Power Plant,” an Eni spokesperson said in an emailed message.

    Disruptions to oil production are common in the oil-rich Niger Delta region, where pipelines are often vandalised and crude stolen for illegal refining. Eni lifts Force Majeure on Nigeria Oil Exports

    FGN Investors Nigeria
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