Shell's Bonga Oilfield Scheduled for Maintenance-Related Shut Down

Traders report that Royal Dutch Shell will shut down Bonga offshore oilfield in Nigeria for a short period in March for maintenance, according to Reuters.

Bonga pumps 225,000 barrels per day on average. However, the scheduled loading program for March shows only three 950,000 barrel cargoes, where the previous month has eight. The first scheduled cargo load is set around March 21.

"This is because of maintenance," one trader explained.

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