"The entire operations have been grounded." A strike at
ExxonMobil's Nigerian arm has wiped out 770,000 b/d of production, with
fears exports from the Qua Iboe terminal may be impacted early next week,
state-owned NNPC said Friday. NNPC's head of crude oil marketing, Aminu
Baba-Kusa said the company was forced to shut down a total of 770,000 b/d of
production.)
"Start up will essentially be a reversal of the
shutdown sequence and will take up to 48 hours, dependent on the start up
rates of individual shippers." Crude output of the
UK's Forties blend is facing at least six days of disruption as a result of
the impending strike at the 200,000 b/d Grangemouth refinery in Scotland,
Forties operator BP said Thursday. This will lead to a reduction in output
of around 600,000 b/d, almost 40% of the UK's total