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Shell Declares Force Majeure on Nigerian Forcados Crude

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Shell has declared force majeure on exports of Nigerian Forcados crude oil after a shutdown by the pipeline’s operator, a spokeswoman for the Shell Petroleum Development Company of Nigeria said on Thursday.

The action came into effect on Monday afternoon after Heritage Energy Operational Services Limited shut down the Trans Forcados pipeline which it operates on April 4, the spokeswoman added, without providing further details.

SOURCE: www.reuters.com

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