Nembe Creek Trunk Line

Nembe Creek Trunk Line

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Nembe Creek Trunk Line (NCTL) is a 97 kilometre, 150,000 barrels of oil per day pipeline constructed by Royal Dutch Shell plc and situated in the Niger Delta region of Nigeria. "The Trunk Line is one of Nigeria's major oil transportation arteries that evacuate crude from the Niger Delta to the Atlantic coast for export." It is owned by Aiteo Group, which recently purchased it as part of the related facilities of the prolific oil bloc OML29 from Shell Petroleum Development Company, SPDC. By March 2015, the Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), completed the assignment of its interest in OML29 and the Nembe Creek Trunk Line to Aiteo Eastern E&P Company Limited, a subsidiary of Aiteo Group. The other joint venture partners, Total E&P Nigeria Limited and Nigerian Agip Oil Company Limited also assigned their interests of 10% and 5% respectively in the lease, ultimately giving Aiteo Eastern E&P Company Limited a 45% interest in OML29 and the Nembe Creek Trunk Line.

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