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. Last Updated: 07/27/2016

Nigerian Oil Flow Stations to Reopen




LAGOS, Nigeria -- Royal Dutch/Shell said ethnic Ijaw groups have agreed to reopen seven oil flow stations shut since last year's political protests.


Industry sources put the estimated output of the seven flow stations feeding into the Forcados export terminal at about 150,000 barrels of crude per day f or about one-fifth of Shell's recent output from Nigeria.


"They have agreed to allow us to reopen the flow stations after a meeting with the state authorities," a Shell spokesman said Tuesday.


The possibility of reopening the flow stations comes as a welcome break for Shell after months of growing instability in the Niger Delta.


"Obviously it is not a matter of bringing things back on overnight when installations have been shut for as long as that, but ? we will move as quickly as we can," said one Shell official in Warri.