Shell Near Completion of $1B Pipeline in Niger Delta

IBADAN (Dow Jones Newswires), Aug. 30, 2010

Shell Petroleum Development Co., or SPDC, is close to completing the construction of a major pipeline in the country's oil-rich Niger Delta at a cost of $1.1 billion, a spokesman said Monday.

Tony Okonedo, media relations officer for Royal Dutch Shell PLC's (RDSA) Nigerian joint venture, said the new 97-kilometer Nembe Creek Trunkline will have capacity to transport 600,000 barrels a day from 14 flow stations in the Niger Delta to the Bonny export terminal in southern Rivers state.

He said the pipeline was part of an ongoing program to keep SPDC's facilities well maintained.

Copyright (c) 2010 Dow Jones & Company, Inc.