Nigerian Pipeline Shut Due to Sabotage

LONDON (Reuters) - Nigeria's Nembe Creek oil trunk pipeline has been shut down due to sabotage, a spokesman for the operator Aiteo said on Tuesday.

The Nembe Creek line is one of the two major pipelines exporting Bonny light, which is among the major crude grades in Nigeria, Africa's biggest oil exporter.

The spokesman did not say when the closure began and it was not clear whether force majeure had been declared on exports.

Aiteo said in a statement on Sunday that the pipeline had been shut down for a total of more than two months this year due to sabotage and the disruptions had led to "direct, irretrievable and significant losses in production."

Nembe Creek is a 60-mile (97-km), 150,000-bpd pipeline consisting primarily of 24- and 30-inch diameter pipe, which transports crude oil from the Niger Delta to Nigeria's Atlantic coast for export.

 

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