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Managing Director, Nigeria Shell Petroleum Development
Company, Mutiu Sunmonu,
Anglo-Dutch oil group Shell has resumed crude oil exports from a key terminal
in southern Nigeria after repairing a sabotaged pipeline, the company said on
Friday.
Shell’s subsidiary in Nigeria, SPDC, said a “force majeure” declared on
exports from the Forcados terminal on 25 March was lifted on Thursday “following
the removal of a crude theft point on the export line”.
“Force majeure” is a legal term releasing a company from contractual
obligations when faced with circumstances beyond its control.
The company shut the underwater pipeline when a leak was discovered on 4
March, leading to the suspension of exports through the terminal, which can
produce up to 400,000 barrels of crude per day.
Shell has blamed repeated oil thefts and sabotage of key pipelines as the
major cause of spills and pollution in the oil-producing region.
Crude oil theft or “bunkering” is a major problem in Nigeria, with estimates
that the country loses some $6 billion (4.3 billion euros) in revenue every year
because of the practice.
Nigeria is Africa’s largest oil producer, accounting for 1.92 million barrels
of crude per day, according to the latest figures from the International Energy
Agency.
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The multinational agrochemical and agricultural biotechnology corporation, Monsanto, announced this morning, that they had genetically engineered a modified corn crop, designed to help men have larger penises and longer-lasting erections. The company’s scientists used genes from a number of plants to create this surprising species of transgenic corn, described as “more efficient than any penis-enlarging pill”. They notably used genetic material from a plant native to Indonesia and Malaysia, called Eurycoma Longifolia or Tongkat Ali , which is known for its ability to raise testosterone levels. They also used genes from watermelon, as its rind is a good natural source of citrulline, a dietary precursor which causes the penis to fill up nitric oxide. This relaxes the smooth muscle in blood vessels and erectile organs, augmenting the penis’ capacity for enlargement during erection. “Men will...
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