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4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  Royal Dutch Shell    RDSA   GB00B03MLX29

ROYAL DUTCH SHELL (RDSA)
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ROYAL DUTCH SHELLA : Shell Lifts Force Majeure on Gas Supply to Nigeria LNG

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11/16/2012 | 12:46pm CET

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 [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

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Financials ($)
Sales 2017 291 B
EBIT 2017 22 163 M
Net income 2017 14 615 M
Debt 2017 60 668 M
Yield 2017 5,69%
P/E ratio 2017 16,41
P/E ratio 2018 14,92
EV / Sales 2017 1,13x
EV / Sales 2018 1,05x
Capitalization 268 B
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Royal Dutch Shell Technical Analysis Chart | RDSA | GB00B03MLX29 | 4-Traders
Technical analysis trends ROYAL DUTCH SHELL
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 32,9 $
Spread / Average Target 1,3%
EPS Revisions
Managers
NameTitle
Ben van Beurden Chief Executive Officer & Executive Director
Charles O. Holliday Chairman
Jessica Uhl Chief Financial Officer & Director
Harry Brekelmans Director-Technology & Projects
Gerardus Johannes Wijers Deputy Chairman
Sector and Competitors
1st jan.Capitalization (M$)
ROYAL DUTCH SHELL4.31%267 829
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