Advertisement
UK markets close in 4 hours 34 minutes
  • FTSE 100

    8,115.33
    +36.47 (+0.45%)
     
  • FTSE 250

    19,827.44
    +225.46 (+1.15%)
     
  • AIM

    755.70
    +2.58 (+0.34%)
     
  • GBP/EUR

    1.1657
    +0.0000 (+0.00%)
     
  • GBP/USD

    1.2509
    -0.0002 (-0.01%)
     
  • Bitcoin GBP

    51,265.73
    +532.50 (+1.05%)
     
  • CMC Crypto 200

    1,389.45
    -7.09 (-0.51%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CRUDE OIL

    84.13
    +0.56 (+0.67%)
     
  • GOLD FUTURES

    2,360.70
    +18.20 (+0.78%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     
  • DAX

    18,051.44
    +134.16 (+0.75%)
     
  • CAC 40

    8,037.13
    +20.48 (+0.26%)
     

Nigeria's Trans Forcados oil pipeline down for at least 10 more days

LONDON, Oct (Shenzhen: 000069.SZ - news) 21 (Reuters) - Nigeria's Trans Forcados Pipeline will be down for at least 10 more days for cleaning and testing following repairs, the chairman of energy company Shoreline, which pumps crude from the stream, said.

Kola Karim said the tanker that loaded Forcados oil last week, the Everbright, took crude that was already at the export terminal, and new flows would not begin until the repaired pipeline had been cleaned and tested.

"The Trans Forcados pipeline has not started yet," Karim said, adding that it was being cleaned and tested.

Once the pipeline restarted, he said, it would take seven to 10 days to bring gas flows from Forcados back to capacity.

Forcados crude has been under force majeure from operator Shell (LSE: RDSB.L - news) since a militant attack on the subsea pipeline in February. (Reporting by Libby George; editing by Susan Thomas)