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Shell Suspends Loadings of Nigeria’s Forcados Crude Oil

Shell (SPDC) Nigeria has said it has suspended loadings of Nigeria’s Forcados crude oil due to a potential leak at the export terminal.

According to Reuters exports of the grade, which was scheduled to ship 220,000 barrels per day (bpd) in July, were halted on Wednesday evening after workers saw fumes near the single buoy mooring that was loading oil onto a vessel.

“The SPDC … can confirm that injections into the Forcados Oil Terminal were curtailed on Wednesday 12 July 2023, following the report of some sheen in the mooring vicinity,” a spokesperson said when contacted by Reuters.

SPDC said investigations were under way. (Reporting By Libby George and Noah Browning in London and MacDonald Dzirutwe in Lagos; editing by David Evans and Sandra Maler)

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