SPDC declares force majeure on Forcados export programme
The Shell Petroleum Development Company of Nigeria Ltd (SPDC) has declared force majeure on its Forcados export programme for October, November and December 2011 as a result of production shutdown due to a sabotage leak on Trans Forcados Pipeline.The declaration took effect from noon today (October 10) a statement from the Anglo-Dutch oil giant said.
The leak was reported 6th October 2011, and a Joint Investigation Team found that it was caused by explosive damage. SPDC is working to repair the pipeline and resume production as quickly as possible.
At the same time, the company has lifted the force majeure on Bonny Light export programme which was declared on 23rd.