News
Shell Defies Avengers, Resumes Operation At Focados
The Royal Dutch Shell has resumed crude exports from its Forcados terminal in Nigeria after production was disrupted following repeated attacks by militants in the restive oil-producing region, a company spokesman said, yesterday.
The resumption will see Nigeria’s oil production rebound to around 2 million barrels per day (bpd), adding more barrels to the market at a time when the Organization of Petroleum Exporting Countries (OPEC) is working to curb output in order to boost global crude prices.
“We resumed production at Forcados on June 6, 2017, after lifting the force majeure we declared on crude exports from the facility last year,” Shell Corporate Media Relations Manager, Precious Okolobo told newsmen.
Okolobo said Shell had completed “necessary repairs of the line”.
Force majeure is a legal term that frees a company from any contractual obligation due to circumstances beyond its control.
Shell declared the force majeure on Forcados shipments in February, 2016, after militant group, Niger Delta Avengers (NDA), bombed the main crude supply line to the terminal, causing massive spills in the area.
The subsea line was repeatedly attacked by militants last year while undergoing repairs, forcing the oil giant to halt production.
Last year, several militant groups including the Avengers attacked oil facilities in Nigeria, slashing the nation’s crude output and hammering government revenues.
The militants say they are seeking a fair share of the nation’s oil wealth for local residents as well as political autonomy for the region.
Ongoing government peace talks with the rebels have halted the attacks.
News
198 UNIBEN Students Bag First Class
News
Bayelsa Education Fund, British Council trains tra 1,000 teachers
News
RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
-
Sports5 days agoBarca Impress On Return To Camp Nou
-
Sports4 days agoBundesliga: Oliseh Stars As Bayern Rebound To Thrash Freiburg
-
Sports5 days agoSunderland Fall At Fulham
-
Sports4 days agoForest Embarrass Liverpool At Anfield
-
Sports5 days agoOgoni Nation Cup: Victory Against Amee Base Excites Coach
-
Niger Delta4 days agoTraditional Ruler Seeks End To Benin Artifacts Unauthorized Promotion
-
Politics5 days agoCleric Tasks APC On Internal Stability, Warns Otti
-
Maritime5 days agoNSC Decries Police Interferences With Cargoes At Seaports
