Nigeria LNG

Nigeria LNG to decide on $12-bln investment

LAGOS, June 8, 2018 – Nigeria LNG will decide later this year whether to invest in two new trains, international media reported Thursday.

 

The terminal currently has six smaller trains, and the new facilities would boost output by 40%, which could boost exports by 30 million tonnes per year, Bloomberg reported 

In November 2017, the company was reportedly looking at smaller-scale trains. The FID on the seventh train is expected by Q4 2018.

The facilities’ stakeholders include Shell, Total, Eni and the Nigerian National Petroleum Corporation.

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