Niger Delta: ExxonMobil declares force majeure on Nigeria’s Qua Iboe crude oil

– ExxonMobil subsidiary Mobil Producing Nigeria has declared force majeure on exports of Nigeria’s Qua Iboe crude oil

– Qua Iboe crude oil is Nigeria’s largest export stream

– The decision was announced by a spokesman of the company today, July 15

Mobil Producing Nigeria has declared force majeure on exports of Nigeria’s largest export stream, Qua Iboe crude oil.

According to Reuters, the declaration came after the company observed a “system anomaly” during a routine check of its loading facility on July 14.

“We are working to ensure loading activities at the facility return to normal. We cannot speculate on any timeline for repairs,” the company spokesman, Todd Spitler said.

However, he said:“Qua Iboe Terminal is operating and production activities continue.”

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Nigeria is currently struggling to maintain its crude oil production following a spate of militant attacks and technical problems. Experts say the force majeure would take least two to four weeks to repair.

The news is coming barely after Mobil denied claims from militant group the Niger Delta Avengers that the blew up the Qua Iboe 48″ crude oil export pipeline operated by the company.

But Spitler insists there is no connection between the force majeure and militant attacks.

Interestingly, Nigeria’s crude oil production managed to increase recently despite consistent Niger Delta militant attacks on oil facilities.

The production increased from the 1.426 million barrels per day in May to 1.523 million barrels per day in June although Nigeria lost its status as Africa’s top oil producer.

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