Shell re-opens Major Oil Pipeline in Nigeria – Reuters

Shell re-opens Major Oil Pipeline in Nigeria

Royal Dutch Shell said on Monday that is had re-opened a key oil pipeline in Nigeria that had been shut since late November.

The Trans Niger Pipeline, or TNP, which carries Bonny Light crude oil to the export terminal had re-opened “in recent days,” a Shell spokeswoman said by email.

The pipeline remained closed while the company investigated an incident on Nov. 22 in which four contractors died during an operation to remove crude oil theft points.

The inferno was suspected to have been caused by pipeline vandals.

The closure of the pipeline had led to loading delays of up to 10 days, according to traders.

According to Shell, Nigeria had suffered a decline of 150,000 barrels of crude oil output and lost about $14.73 million daily as a result of the Trans Niger Pipeline (TNP) closure


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