Member access

4-Traders Homepage  >  Shares  >  Euronext Amsterdam  >  ROYAL DUTCH SHELL A    RDSA   GB00B03MLX29


SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

ROYAL DUTCH SHELLA : Shell Lifts Force Majeure on Gas Supply to Nigeria LNG

11/16/2012 | 06:46am US/Eastern

LONDON--Royal Dutch Shell PLC (RDSA) has lifted its force majeure on gas supplies to Nigeria Liquefied Natural Gas, a company spokesman said Friday.

The force majeure was lifted on Nov. 8, the spokesman said, after being put in place in early October because of a fire caused by oil theft on the Bomu-Bonny trunkline that hampered supply to Nigeria LNG.

A force majeure on Shell's exports of Bonny Light and Forcados crude oil, declared later in October, remains in place, the spokesman added. Supply of Bonny Light was also affected by the fire on the Bomu-Bonny trunkline, while other incidents of oil theft and severe flooding in the Niger Delta dented supply of both Bonny Light and Forcados crude in the last month.

The spokesman didn't say when this force majeure will be lifted.

A force majeure is declared when a company is unable to fulfill its contractual obligations to deliver the crude due to circumstances beyond its control.

Write to Sarah Kent at

Subscribe to WSJ:

Recommend :
React to this article
Latest news on ROYAL DUTCH SHELL A
1d ago ROYAL DUTCH SHELL A : Shell Oil Assigned Patent
2d ago ROYAL DUTCH SHELL A : *goldman cuts shell b to 'neutral' ('buy') - price target ..
5d ago ROYAL DUTCH SHELL A : PRESS: Shell Submits Revised Plan To Drill In The Arctic O..
6d ago ROYAL DUTCH SHELL A : Findings from P.J. Rees and Co-Authors Broaden Understandi..
6d ago ROYAL DUTCH SHELL A : Publication of Prospectus
6d ago ROYAL DUTCH SHELL A : PRESS: Shell Consortium Close To Nigeria Oilfields Sale - ..
6d ago ROYAL DUTCH SHELL A : Shell announces Marjoram-1 gas discovery in deep-water Mal..
08/26 ROYAL DUTCH SHELL A : Buyback of Own Shares
08/26 Petrofac backs profit forecast despite weaker-than-expected first-half
08/26DJROYAL DUTCH SHELL A : Shell Announces Marjoram-1 Gas Discovery in Deep-Water Mal..
Duration : Period :
ROYAL DUTCH SHELL A Technical Analysis Chart | RDSA | GB00B03MLX29 | 4-Traders
Income Statement Evolution
ROYAL DUTCH SHELL A : Income Statement Evolution
More Financials
Dynamic quotes