CEOAFRICA gathered that following the recent shut down and reopening of Trans Niger Pipeline, a force majeure on Bonny light exports have been lifted by Shell’s subsidiary in Nigeria (SPDC).

Force majeure is a legal term releasing a company from contractual obligations due to circumstances beyond its control. Bonny Light is one of the main grades of crude produced in Nigeria.

The force majeure was declared on October 10 as a result of spills recorded on the pipeline in the volatile oil-rich Ogoniland.

According to source, Joint investigation of the spills has been completed and the various reports signed off by all participants. It also promised to compensate the affected communities and arrangements for payment of compensation are being made in conjunction with people in Bunu-Tai and Nonwa-Tai, the two communities which the joint investigation confirmed were impacted by the spill.