- May 19, 2021
- Posted by: Stratford Team
- Category: Business
Two market sources familiar with the system said the company’s so-called nomination system was shut on Tuesday, leaving shippers unable to plan fuel shipments, Reuters reported.
It’s unclear what caused the issue, but barrels are continuing to flow on the line despite the downed nomination system.
GasBuddy Patrick DeHaan said this issue isn’t as consequential as the pipeline being down, as was the case when the company was hit by a ransomware attack just over a week ago.
But DeHaan added that if it’s not resolved quickly, it could become more disruptive.
The company did not immediately return The Post’s request for comment.
Colonial Pipeline fell victim to a cyberattack that the FBI said was orchestrated by Russia-based cybergang DarkSide. The attack shuttered the largest US oil pipeline for almost a week, and Colonial paid nearly $5 million in ransom to unlock its stolen data and safely resume operations.
With Post Wires