Platts' chief Africa correspondent Jacinta Moran, based in Cape Town, has compiled her latest summary of the amount of oil production offline in Nigeria.
Among her main points:
--Progress has been made in restoring some production but most of this has been on the operational side and not community-related disturbances...NNPC's head of crude oil marketing does not expect Shell's 115,000 b/d shallow-water EA field to resume before the second quarter of next year.
--Forcados output stands at 46,000 b/d and Shell may be taking cargoes from production and not storage for sale in October. But NNPC says it will be a very long time before full production can be restored. Shell's force majeure on exports is still in place.
--The August total of outages is slightly improved, to 978,000 b/d versus 1.05 mil b/d in July.
--Of the outages, 49.6% or 485,000 b/d, can be traced to community problems. The balance, 37.1% or 363,000 b/d, is due to operational problems
--There also is an additional 130,000 b/d shut in due to vandalization of the Nembe pipeline feeding the Bonny terminal, which explains lower Bonny production.
--Nigeria National Petroleum Corp. reported August production to OPEC of 2.165 million b/d.
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