Nigeria's Bonny Light oil exports to fall in October

GENEVA Fri Aug 23, 2013 4:40am EDT

Related Topics

GENEVA Aug 23 (Reuters) - Nigeria will export 95,000 barrels per day of the Bonny Light crude oil grade in October, a provisional shipping list showed on Friday, down from a planned 127,000 bpd in September.

The Bonny Light grade, operated by Royal Dutch Shell , has been under force majeure since April.

A force majeure relieves companies of their contractual obligations. A firm may opt to keep it in place if it can only partially meet commitments.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.