by Staff Writers
Lagos (AFP) Nov 21, 2012
US oil giant ExxonMobil's Nigerian subsidiary warned on Wednesday it may not meet production expectations following the shutdown of a pipeline after an oil spill off southern Akwa Ibom state.
Mobil Producing Nigeria declared "force majeure" and said it had "difficulty in meeting projected liftings because of repair work on a section of pipeline affected in a November 9 oil release incident."
Force majeure is a legal term releasing a company from contractual obligations owing to circumstances beyond its control. ExxonMobil did not say when the measure would be lifted.
It said that it had notified appropriate regulatory agencies and clients.
Nigeria is Africa's biggest oil producer. Its oil-producing Niger Delta region has been badly contaminated by decades of spills.
Spills occur frequently in the region due to a range of factors, including sabotage by oil thieves or militants as well as operational or maintenance faults by the oil companies.
Militants claiming to be fighting for a fairer distribution of oil revenue have also regularly blown up pipelines in the past, though such attacks have greatly decreased since a 2009 amnesty deal.
Powering The World in the 21st Century at Energy-Daily.com
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|