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Sunday, 31 March 2013

NewsMedia: Shell to Shut Down Major Pipeline in Nigeria

Shell Nigeria, one of the largest oil companies in the
Niger Delta, is planning to shut down one of the most
important pipelines in the country because of
'unprecedented' levels of oil theft this year.
Observers say repairing the damaged pipeline will
not fix the problem.
Shutting down a 150,000 barrel a day oil pipeline is a
big deal but Shell Petroleum Development Company
in Nigeria says it has no choice. It says it has to shut
down the Nembe Creek Trunkline, a major oil export
pipe, to repair holes drilled by oil thieves. Shell
declined to say when it expects the pipeline to re-
open.

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