Shell extends force majeure on Nigerian oil exports

PORT HARCOURT - Royal Dutch Shell on June 17 extended force majeure on its Nigerian Forcados oil shipments for the rest of June and all of July, a spokesman said.
Shell's joint venture with state-run Nigerian National Petroleum Corp. (NNPC) imposed the force majeure, which frees the company from contractual obligations, in March following an attack on its trans-Escravos pipeline.
"The joint venture declared force majeure on Forcados offtake program for the remainder of June and for July effective 1800 hours June 16," a Shell spokesman said. The company said investigations were ongoing and that it was taking steps to repair the damaged Forcados pipeline and resume production.