by Chi Ibe

Eni, parent company of Nigerian Agip Oil
Company (NAOC), has now joined Shell Petroleum
and ExxonMobil in declaring force majeure on oil
exports from the Brass Oil Export Terminal off
Bayelsa shoreline.
Force majeure removes from companies from
liabilities of contractual obligations due to factors
outside its control.

Earlier, Shell and ExxonMobil temporarily halted
production, following leaks and vandalism of oil
pipelines in the Niger Delta region.
It would be recalled that Shell declared force
majeure after continued attacks on its Nembe
creek trunkline in the Niger Delta that led to a
leak.
ExxonMobil also announced a temporary action
this year due to obstructions along a bridge
leading to its Forcados terminal.
Eni said its production was cut by 4,200 barrels
per day after Sunday’s attack on its pipeline in
Bayelsa.
An earlier attack in the area on May 18 had
resulted to a shutdown of some 1,000 barrels
bringing a cumulative production loss to 5,200
barrels of the oil firm’s share of oil output.
“I can confirm the attack to the Ogbaimbiri –
Tebidaba pipeline, with 4,200 bp/d (Eni’s equity)
of production affected,” . a spokesman for the
company told the News Agency of Nigeria. “I can
confirm that Force Majeure has been placed on
Brass Oil Exports from May 22, 2016.”
These repeated attacks by militants are costing
the company about 800,000 barrels of crude oil.
Every day

ynaija.com/happened-agip-stops-producing-oil-bayelsa/

Ok

Nawa oooo

They know what they're doing

Better lets start using lagos and osun or ondo oil plus lake chad oil for now. Haba allow ND oil to rest for once. 97% oil activated.

Nawa oh,na them know sha,those yeye avengers should just negotiate with the feds

When the northerners have 83% of the oil blocs leaving the host communities in abject poverty, what do you expect?

It's time for Buhari †̥♥ swallow his pride A̶̲̥̅̊Ω̴̩̩̩̥D̶̲̥̅̊ go through the appropriate channels †̥♥ call for dialogue with the NDA. There is no shame in compromise. Nigerians will still celebrate him, when the effects ☀̤̣̈̇f the dialogue start †̥♥ bear fruit.