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Royal Dutch Shell, the largest oil producing company in Nigeria, which has suffered series of attacks on its 48-inch Forcados export pipeline that links onshore storage tanks with an offshore port, has ruled out the repair of the pipeline for now.
The Chief Financial Officer of Royal Dutch Shell Plc,Simon Henry, while noting that the various attacks on the oil facilities in the Niger Delta region were signs of alarm among foreign oil companies, pointed out that in the past, energy companies could repair pipelines after attacks, but recent attacks were more destructive than in the past.
Henry said: “We cannot operate or repair if our people are threatened. It is not possible at this time. In the past, energy companies were able to repair pipelines after attacks, barring a few exceptions deep into the region’s swamps and creeks. The attacks are more destructive than in the past.”
The Chief Financial Officer of Royal Dutch Shell Plc,Simon Henry, while noting that the various attacks on the oil facilities in the Niger Delta region were signs of alarm among foreign oil companies, pointed out that in the past, energy companies could repair pipelines after attacks, but recent attacks were more destructive than in the past.
Henry said: “We cannot operate or repair if our people are threatened. It is not possible at this time. In the past, energy companies were able to repair pipelines after attacks, barring a few exceptions deep into the region’s swamps and creeks. The attacks are more destructive than in the past.”
