Nigeria’s oil exports face fresh disruption

The TNP, which is operated by Shell Petroleum Development Company of Nigeria Limited, was shut by the oil major after a fire at Kpor in Ogoniland, which may worsen the country’s output due to unplanned disruptions.

According to a report on Shell’s website, the pipeline transports around 180,000 barrels of crude oil per day to the Bonny Export Terminal and is part of the gas liquids evacuation infrastructure, critical for continued domestic power generation (Afam VI power plant) and liquefied gas exports.

Nigeria’s daily output dropped by 200,000 barrels to 1.45 million barrels per day in December 2016, ending three months of gains as the country struggled to restore capacity after a year of militant attacks on oil infrastructure.

Production fell to 1.39 million bpd in August, the lowest level since 1988, according to data compiled by Bloomberg.