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The Shell Petroleum Development Company of Nigeria announced today that it has lifted force majeure on crude oil exports from the Forcados oil terminal. The company said the force majeure was lifted yesterday following the completion of repair works to the leaks on the export line.

“The Shell Petroleum Development Company of Nigeria Limited (SPDC) lifted the force majeure on crude oil exports from Forcados Terminal effective 16:00hrs (Nigerian Time) yesterday (June 6, 2017) following the completion of repair of the leaks on the Forcados Terminal crude export line,” a Shell spokesman said in a statement.

“SPDC is grateful to various stakeholders, particularly the Federal and Delta State governments, security agencies, NNPC and communities for their support in the repair of the three sabotage leaks on the pipeline.”

Shell suspended exports from the Forcados terminal since last year owing to several attacks on the major trunk of the terminal’s pipeline system. The Forcados terminal – which is operated by Shell – has an export capacity of 400,000 barrels per day (bpd).

With oil exports resuming at the Forcados terminal, it is expected that Nigeria’s oil production will reach the target of 2.2 million bpd set by 2017 budget. This will help the government earn more revenue and meet its budgetary commitments.