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What lifting of force majeure on Qua Iboe export terminal means for Nigeria

For the first time in almost six weeks after a fire at the terminal halted operations, Exxonmobil has lifted a force majeure on Nigeria’s Qua Iboe terminal in Akwa Ibom State, as crude export is expected to resume in February 2021. According to preliminary loading program seen from S&P Global Platts, Nigeria’s Qua Iboe crude…

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