Incident Halts Operations at Nigerian Oil Pipeline Post-Shell Sale

A key Nigerian oil pipeline was halted due to a blast shortly after Shell sold its stake to Renaissance Africa Energy Holdings. The incident is under investigation by the new operators, reflecting ongoing security challenges in Nigeria’s oil sector.

On March 18, 2025, a blast led to the suspension of operations at a critical Nigerian oil pipeline, following Shell Plc’s recent divestment from it. This information was confirmed by local police officials. The Trans Niger Delta Pipeline (TNP), previously operated by Shell Petroleum Development Company of Nigeria, was sold to Renaissance Africa Energy Holdings, which subsequently rebranded to Renaissance Africa Energy Company Ltd.

In summary, the Trans Niger Delta Pipeline’s operations have been interrupted due to a blast, coinciding with Shell’s divestment. The incident is currently under investigation, highlighting ongoing vulnerabilities within Nigeria’s oil infrastructure amidst a backdrop of environmental and operational challenges. This situation emphasizes the necessity for robust security measures to safeguard oil assets in the region.

Original Source: financialpost.com