ABUJA, May 12 (Reuters) - ExxonMobil (XOM.N) on Wednesday confirmed its Nigerian unit had declared force majeure on Qua Iboe crude oil shipments due to damage to a pipeline.
Stocks | Global Markets
"Mobil Producing Nigeria today confirms that it has declared a force majeure due to the difficulty in meeting projected liftings due to repair work on a section of a pipeline," the firm said in a statement.
The U.S. oil major said it did not know how long repairs would take to complete. (Reporting by Randy Fabi; Editing by Keiron Henderson)
No comments:
Post a Comment