• Wednesday, February 21, 2024
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BusinessDay

SPDC shuts 150,000bpd

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Shell Petroleum Development Company (SPDC) has shut the Trans-Niger Pipeline (TNP) following an explosion and fire at a crude theft point on the 28” section of the facility at Bodo West in Ogoniland.

Prior to the incident, SPDC had shut down the 28” TNP to remove crude theft connections, and has now closed the 24” TNP as a precautionary response to the fire.

This means that the entire TNP system, comprising the 28” and 24” pipelines, have been shut-in. The 24” TNP will be reopened when it is safe to do so, while the 28” TNP will remain shut-in until the fire has been extinguished, and investigation and damage assessment completed.

Some 150,000 barrels of oil per day is deferred from the closure of TNP.