Nigeria oil output to decrease 8 percent daily after fire
WARRI, Nigeria (AP) — An oil company in Nigeria is declaring a “force majeure” shutdown after a fire.
The temporary closure is expected to cut Nigeria’s oil production by about 8 percent per day.
Aiteo Oil Exploration and Production Company said the shutdown took place Sunday.
The Nembe Creek Trunk Line has a carrying capacity of more than 150,000 barrels per day and is used to transport crude oil from the eastern Niger Delta to the Bonny Export Terminal in Rivers state i
Read more »