Saturday, September 20, 2008

Shell Declares Second Force Majeure

Royal Dutch Shell said on Saturday it had declared a second force majeure on crude oil shipments from Nigeria following militant attacks in recent days on its facilities in the Niger Delta.

Shell last week extended a force majeure, which frees it from contractual obligations, on Bonny oil exports from Nigeria following a militant attack in late July.

It said it had declared the second force majeure on Bonny Light shipments on Friday, following further attacks by militants this week.

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