Nigeria's Qua Iboe crude to remain under force majeure for at least a month
(Reuters) Exports of Nigeria's largest crude oil stream, Qua Iboe, will remain under force majeure for at least one month while operator ExxonMobil repairs a leak on the pipeline feeding the terminal, sources told Reuters.
ExxonMobil declared force majeure last week citing a "system anomaly" it observed during a routine check. Sources told Reuters this week that the pipeline lost pressure while loading a cargo of crude oil, and that the company subsequently discovered a leak on the underwater pipeline.
Sources said repairs needed were more extensive than initially thought, and would not begin this week. The force majeure was likely to remain in place for a minimum of one month, several sources said.
Reporting By Libby George and Julia Payne; Editing by Alexandra Hudson
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