Royal Dutch Shell 's Nigerian venture is working to complete repairs on a damaged Nigerian oil pipeline by the end of January, Shell said in a statement received on Friday.
Shell Petroleum Development Co. (SPDC) had to shut down the Nembe Creek Trunkline on Dec. 24 after leaks caused by crude theft, delaying oil output of 70,000 barrels per day (bpd). As a result of the incident, Shell declared force majeure on Bonny Light crude exports in early January. The measure remains in place, Shell said.
