200,000 Barrels Of Oil Stranded As Shell Halts Flows From Forcados

About 200,000 barrels of crude oil is currently stranded as oil major Shell Plc halted crude shipments from Nigeria’s Forcados export terminal. The action is considered another blow to Nigeria which has struggled to stem falling production. Shell Petroleum Development Co. of Nigeria Ltd. issued a notice of force majeure on Forcados shipments, effective from […]
Source: Leadership