Shell said it had resumed limited operations in southern Nigeria after the explosion of a pipeline but warned it was still not in a position to honour its commitments to clients. “We have started limited operations. One of our fields has partially reopened in Kolo Creek, and there is limited loading at Bonny,” a spokesman said Saturday. “Force majeure is still in place, we don’t know for how long it will remain.” The Anglo-Dutch oil company declared Wednesday a state of “force majeure”, meaning it can legally breach the terms of its contracts. The company said Friday the fire at the pipeline had been brought under control, while a shadowy group claimed responsibility for the deadly blast that started it three days ago. Full Story
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