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LNG

FID delays spell trouble for Nigeria LNG Train 7

The postponement of the decision until next year means Nigeria's general election could cause further hold-ups The postponement of the decision until next year means Nigeria's general election could cause further hold-ups.
By Felix Janvrin 30 November 2018 0 33505
The Bonny Island LNG plant. (Shell)

The FID on Nigeria LNG’s (NLNG’s) $12 billion expansion project has been delayed until next year, meaning it could risk becoming bogged down by the country’s elections.

NLNG’s shareholders – Shell, Total, Eni and Nigerian National Petroleum Corp. (NNPC) – are working to reach financial close on a seventh train at the Bonny Island LNG plant in Nigeria’s Delta state. The expansion has been on the drawing board for more than a decade, and an FID had previously been scheduled for Q4 this...