Chevron declares force majeure at Angolan oil terminal

Published November 02, 2012

| Reuters

U.S. oil major Chevron said on Friday that its Angolan subsidiary Cabinda Gulf Oil Company had declared force majeure at the Kuito offshore oil terminal on October 29, without giving a reason.

"The Kuito operation is currently undergoing a planned turnaround, and we do not anticipate any resulting production impacts from this action," a company spokesman said in an emailed statement.

Chevron is one of the west African country's top producers and typically loads two 920,000 barrel cargoes a month from its Kuito platform.

(Reporting by Emma Farge and Jonathan Saul in London, editing by William Hardy)

URL

http://www.foxbusiness.com/news/2012/11/02/chevron-declares-force-majeure-at-angolan-oil-terminal/