Oil

SPDC Lifts Force Majeure on Bonny Crude Exports

Shell Petroleum Development Company, SPDC, a subsidiary of Shell Companies in Nigeria, has lifted force majeure on Bonny crude exports, an SPDC spokesperson said on Wednesday.

The force majeure was declared by Shell Petroleum Development Company of Nigeria Limited (SPDC) on March 3 after a “significant decline in crude receipts at the Bonny Oil and Gas Terminal”, the spokesperson said in a statement.

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