Saturday, February 18, 2006

Nigeria suspends 380,000 bpd oil exports after attack

LAGOS (Reuters) - Royal Dutch Shell suspended exports from the 380,000 barrel-a-day Forcados terminal on Saturday after militants bombed the tanker loading platform, a senior oil industry source said.

The company is still trying to ascertain the damage to the platform, which is located three miles offshore, but has already begun shutting oilfields in the area which feed the terminal, the source added.

"Of course no ships can go near there now. This is going to be a major deferment," the senior industry source said.

"If we can't export, we can't produce," he added.

( Full story here )

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