Eight months of Forcados shutdown cost Nigeria N689bn

Eight months of Forcados shutdown cost Nigeria N689bn
23 October 2016, Lagos – The country has lost at least N689bn to the suspension of exports of Forcados, one of the nation’s largest crude oil grades, since February. Friday, October 21, 2016 marked exactly eight months that Shell declared force majeure on the export of Forcados. The force majeure, a legal clause that allows it […] More »
Eight months of Forcados shutdown cost Nigeria N689bn Eight months of Forcados shutdown cost Nigeria N689bn Reviewed by Crude Oil Facilitators on 17:44 Rating: 5

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