Loadings at Nigeria’s Forcados crude oil terminal have been suspended for almost a month due to leaks at the terminal.

• Repair works at the terminal – operated by Shell – were expected to be completed by early this week, a shipping source told Reuters. No further update has been published.
• Forcados shipments were originally scheduled 220kbpd in July.
• Loadings at the terminal were halted on 12 July after workers saw fumes near the single buoy mooring that was loading oil onto a vessel.
• According to the latest Platts Survey, Nigeria saw a 100kbpd month on month drop in crude output to 1.32mbpd because of the terminal outage.
• As of 24 July, Nigeria had pushed back two late-August loading Forcados crude shipment to September. August shipments have been revised to 173kbpd according to a loading program.