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Mobil Producing Nigeria declares force majeure

(Xinhua)

08:54, November 23, 2012

EKET, Nigeria, Nov. 22 (Xinhua) -- Mobil Producing Nigeria (MPN) on Wednesday said it could not meet its contractual obligations to crude oil buyers due to the Nov. 9 oil spill in its field.

Mobil is the operator at the Qua Iboe oil terminal where the Nov. 9 oil spill discharged heavy volumes of oil into the Atlantic Ocean, creating serious environmental discomfort.

A statement from the oil firm in Eket said it had declared a ' Force Majeure' on its Qua Iboe crude streams.

Force Majeure frees a company from legal liabilities caused by circumstances beyond its control.

The statement signed by Paul Arinze, the company's General Manager, Public and Government Relation, apologized for the inconvenience caused by the incident.

"Mobil Producing Nigeria, operator of the Nigerian National Petroleum Corporation, (NNPC)/MPN Joint Venture today confirms that it has declared a Force Majeure due to the difficulty in meeting projected lifting," the statement said.


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