Firms in Fed’s Beige Book Fret Over Any Lengthy Baltimore Port Closure
(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to broad price increases,...
Shell declared force majeure on gas supplies to the export terminal on Wednesday, blaming a leak along the Eastern Gas Gathering System near Awoba in Rivers State. Around 1.5 billion standard cubic feet of gas per day is impacted, it said.
The move comes barely a month after force majeure on supplies to the plant was lifted on April 18, and at a time when Shell is reporting rising cases of sabotage and oil theft.
(c) 2013 Thomson Reuters, Click For Restrictions
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