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AFRICAN ECHO BUSINESS NEWS
Complied by Cass Gilroy-Business Editor

Shell resumes oil production in Nigeria

THE SHELL Petroleum Development Company has resumed production at a 170,000 barrel-per-day Nigerian export facility shut down recently due to community protests. They have resumed operation at the facility since the protesters have vacated the place. But the optimal level is yet to be attained.

A spokesman of the company said that local youths had shut down an oil pipeline intersection known as a manifold at Bomu, preventing the pipeline from feeding in to the Bonny export terminal in southern Nigeria.

Some 137,000 barrels of the output lost during the crisis directly belonged to Shell, while the remaining 33,000 belonged to third parties operating alongside the Anglo- Dutch oil group, officials said.

 

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