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Shell resumes oil export from Forcados terminal

Tony Orji by Tony Orji
April 16, 2020
in Featured, INews, News, Socio-Economic Issues, Uncategorized
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The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Monday said it has resumed oil exports from the Forcados Oil Export Terminal.

Recall that SPDC halted exports on April 4 over ‘unforeseen circumstances’ in its operations.

Mr Michael Adande, an SPDC Spokesman who confirmed the development to newsmen in Monday, explained that the oil firm has lifted the ‘Force Majeure’ on Forcados exports Programme effective Monday, April 13, 2020.

Force Majure is a legal clause that absolves a company from legal liabilities due to circumstances beyong its control.

Adande said that lifting of the Force Majeure notice is sequel the re-opening of the Trans Forcados Pipeline by the operator, Heritage Energy Operational Services Limited

Heritage Energy Operational Services Limited (HEOSL), operator of the Trans Forcados Pipeline had shutdown the facility on April 4, 2020.

“Subsequently, SPDC, operator of the SPDC Joint Venture, had declared a Force Majeure on the Forcados Oil Terminal Offtake Programme effective 1700hrs of Monday, April 6, 2020,” Adande said.

Meanwhile investigations indicate that the suspension of oil exports may be linked to the oil spill at Angiama community in Southern Ijaw Local Government Area in Bayelsa in March.

The oil leakage has been traced to equipment failure.

The spill reportedly emanated from Well No. 13 at the oilfield operated by SPDC at Angiama, a coastal settlement by the Nun River.

A competent source, who participated in the Joint Investigative Visit (JIV) to probe the cause of the leak, which discharged a yet to be ascertained volume of crude into the environment has been investigated and a report was signed by the parties.

JIV is a statutory team convened after any leak by operator, regulators, community and government representatives to ascertain the cause and quantity of oil leakage from oil spills.

#Agencies#

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About Dr. Anthony Orji

Dr Anthony Orji

Senior Lecturer, Economics, UNN

Dr Anthony Orji is a Ph.D holder in Economics and a lecturer at the Department of Economics, University of Nigeria Nsukka.

He obtained his B.Sc, Msc and Ph.D Degrees from the University of Nigeria, Nsukka and a Post Graduate Diploma in Sustainable Local Economic Development (SLED) from Erasmus University, Rotterdam Netherlands.

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