Shell (RDS.A, RDS.B) follows through on its earlier warnings and shuts down the 150K bbl/day...

|By:, SA News Editor

Shell (RDS.A, RDS.B) follows through on its earlier warnings and shuts down the 150K bbl/day Nembe Creek trunk line in Nigeria after discovering a leak on Sunday. Nembe is one of the most important production routes for Africa's top crude oil exporter, and feeds the benchmark Bonny Light export terminal. With Bonny Light supplies likely to be disrupted, Shell declares force majeure.