Friday 22 July 2016

EXXONMOBIL’S QUA IBOE CRUDE TO REMAIN UNDER FORCE MAJEURE

As ExxonMobil plans to repair the pipeline feeding the Qua Iboe export terminal, the exports of Qua Iboe grade of crude oil, which is Nigeria’s largest crude stream will remain under force majeure for at least one month.

The cause of the leak was not clear, but the force majeure came just days after militant group, the Niger Delta Avengers, claimed to have bombed Qua Iboe pipeline.

Read more @ Thisdaylive

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