Shell close to finishing new Nigeria pipeline
Royal Dutch Shell
said on Monday its Nigerian SPDC joint venture was close to completing
a new $1.1 billion pipeline to the Bonny export terminal, which will
have a capacity of 600,000 barrels per day (bpd).
“The new
97-kilometre Nembe Creek Trunkline will have a capacity to transport
600,000 barrels per day from 14 flowstations in the Niger Delta to the
Bonny export terminal in Rivers State,” the company said in a statement.
The Anglo-Dutch
firm said the pipeline was part of an ongoing programme to keep its
facilities well-maintained in the Niger Delta, one of the world’s
largest wetlands where decades of oil extraction have left land and
water polluted.
Shell’s operations in the delta are subject to frequent attack by
oil thieves and saboteurs. The company says 98 percent of the oil
spilled from its on-shore operations last year was due to vandalism and
theft.
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