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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: oilbabe who wrote (54911)	11/17/1999 11:25:00 AM
From: oilbabe	Respond to of 95453

Shell Warns Customers That Unrest May Delay Nigerian Crude Oil Exports London, Nov. 17 (Bloomberg) -- Royal Dutch/Shell Group, the biggest foreign oil producer in Nigeria, said exports from its Forcados oil terminal in Nigeria could be delayed by civil unrest. Shell invoked a contractual clause -- known as force majeure -- that allows it to miss deliveries because of circumstances beyond its control, said Cerris Tavinor, a Shell spokeswoman in London. The clause will remain in place until Dec. 9, she said and declined to specify what caused the disruption. Oil output in Nigeria from Shell and other companies has been dogged by violence in the Niger delta, where local communities are demanding a bigger share of the country's oil wealth. The latest unrest hasn't completely closed the terminal, though shipments could be delayed, Tavinor said. Shell's Forcados terminal typically exports 400,000 barrels of oil a day.