Royal Dutch Shell, the largest oil producing company in Nigeria, which has suffered series of attacks on its 48-inch Forcados export pipeline that links onshore storage tanks with an offshore port, has ruled out the repair of the pipeline for now.

The Chief Financial Officer of Royal Dutch Shell Plc, Mr. Simon Henry, while noting that the various attacks on the oil facilities in the Niger Delta region were signs of alarm among foreign oil companies, pointed out that in the past, energy companies could repair pipelines after attacks, but recent attacks were more destructive than in the past.

Henry said: “We cannot operate or repair if our people are threatened. It is not possible at this time. In the past, energy companies were able to repair pipelines after attacks, barring a few exceptions deep into the region’s swamps and creeks. The attacks are more destructive than in the past.”

Meanwhile, oil prices, on Tuesday, rose with Brent reaching a near eight-month high in what energy experts attributed to the unrest in Nigeria as well as owing to dollar weakness.

Benchmark oil Brent North Sea crude reached $51.08 a barrel, the highest level since October 12. Around 13:20, Brent for delivery in August was slightly off the high at $51.04 but still a rise of 49 cents compared with Monday’s close. US benchmark West Texas Intermediate for July delivery gained 41c to $50.10 a barrel.

Chief analyst at Commodities SEB Markets, Bjarne Schieldrop, said: “The loss of supply from Nigeria is highly important on several accounts. For one it of course helps to tighten up the market. Secondly, Nigeria’s crude is light and sweet and thus of a comparable quality to Brent crude.”

https://www.today.ng/news/national/134145/rules-repair-damaged-oil-facility

Big wahala dey

Silly excuses. Get back †̥♥ work.

It makes no sense repairing when it is likely to be blown up again.

They can rest for the while!!

repairing the pipeline is waste of energy and resources. they would have waited until the whole thing is resolved.

See what NDA have caused abi

who Shell epp?

L

O

L

It makes no sense repairing

This will affect the economy.

So let no one complain of blackout again. You all know the cause.

As you lay your bed, so you'll lie on it.

99 problems.


These are the things u get when you speak as a president without reasoning!
Calling the region that feeds Nigeria 5%!
Ok na. Chop the 95%

Too bad! I hope our stupid ugandan jewish neighbors are now satisfied Na all of us still de the one naijeriya together na. Ba wahala.

Okay

Now you get sense small small. You need to trust those guys more than you trust the govt because the govt trademark is lie. Just hope and pray that a made between govt and militants so that you can go back to work.

Proudly 5%

mccoy47:
99 problems.


These are the things u get when you speak as a president without reasoning!
Calling the region that feeds Nigeria 5%!
Ok na. Chop the 95%

Affecting power supply, it affects 100%!

mccoy47:
99 problems.


These are the things u get when you speak as a president without reasoning!
Calling the region that feeds Nigeria 5%!
Ok na. Chop the 95%

I think He called the rest 97%

Shell is planning to leave some countries as a cost control measures, I just hope Nigeria is not included...

Thought Avengers plan to fire Missile Yesterday, what stop them

Okay oh

BREAKING NEWS; COACH STEPHEN KESHI IS DEAD

You see, that's why I keep saying this. It might not b cool for there to be a general hell at the end time. Imagine finding yourself in the same hell with a british. Perhaps, hell should b split into the different countries of the world. In that case, Nigerians in hell might find themselves lucky. In a hell that things are not done right, how can there be 24/7 suffering?.

Hell is when you sabotage government then demad performance, anyway it builds strong democratic muscles.

Pavore9:


Affecting power supply, it affects 100%!

If that is d sacrifice we would hv to make... its too little a sacrifice!

Reference:
Hell is when you sabotage government then demad performance, anyway it builds strong democratic muscles.

And if there was indeed a hell. APC and their goons would be dia 1st!


Chibok
Boko haram
Subsidy protest..

And finally... "If what happened in 2011 should repeat itself, both the monkey and the baboon will be soaked in blood!- GMB"

"When peaceful change is not feasible, violent change becomes inevitable- Atiku Abubakar"



Sounds familiar?

Reyus:
who Shell epp?

Me

Infact they should go ahead and destroy this country, lets all of us start afresh, with a better system and genuine leadership.

The rich and the poor look confused, with no direction.
or better still divide this country with referendum, any components part that wants to blow the key elements of her economy is free to do so, without endangering the entire entity.


Making my common sense.