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RDS.B Royal Dutch Shell Plc

51.06
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Royal Dutch Shell Plc NYSE:RDS.B NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 51.06 0 01:00:00

Shell Declares Force Majeure on Nigeria LNG Deliveries Over Pipeline Leak

10/08/2016 11:19am

Dow Jones News


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By Sarah Kent

 

LONDON--A leak on Royal Dutch Shell PLC's main pipeline to Nigeria LNG has disrupted supply to the liquefied natural gas exporter, Shell said Wednesday.

The Anglo-Dutch oil company's Nigerian unit declared force majeure on deliveries to Nigeria LNG on Monday after a leak on the Eastern Gas Gathering System pipeline. Force majeure is a legal step that protects a company from liability for breaking contractual obligations for reasons beyond its control.

The pipeline remains shut while Shell conducts repairs and investigates the cause of the leak, but it is continuing to supply Nigeria LNG through other pipelines, the company said. Shell declined to comment on how LNG exports might be affected.

 

Write to Sarah Kent at sarah.kent@wsj.com

 

(END) Dow Jones Newswires

August 10, 2016 06:04 ET (10:04 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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