Shell Halts Exports of 150,000 bpd Due to Nigerian Unrest

Anglo-Dutch oil giant Royal Dutch Shell PLC has suspended the export of 150,000 barrels per day of crude oil because of community unrest in southern Nigeria, a company spokesman said.

“We had to halt production from the Bomu manifold until we are able to resolve our problems with the community,” Precious Okolobo told AFP.



He said villagers from K-Dere in the restive Ogoniland had stormed the
facility that feeds the Bonny export terminal, disrupting supply of crude.

It was the second seizure in two weeks. Shell reported on May 15 that protesters occupied the same facility, causing a daily output loss of 170,000 barrels, out of which the company directly accounted for 137,000.

AFX News Limited