U.S. oil major, Exxon Mobil Corp, says it has suspended exports from Nigeria’s top crude stream.
The suspension has added to economic strains from renewed activities of militants in the Niger Delta region that have cut production to its lowest in decades.
Reuters quoted Exxon Mobil as saying on Friday that it had declared a force majeure – a suspension of deliveries because of events beyond its control – on Nigeria’s Qua Iboe crude oil grade BFO-QUA, and that a portion of production had been curtailed after a drilling rig damaged a pipeline.
Last week, Chevron’s platform in the Delta was attacked by militants.