Nigeria Liquefied Natural Gas (NLNG) signed a Letter of Intent (LOI) for the Engineering, Procurement and Construction (EPC) of a seventh train on its LNG plant, moving closer to a Final Investment Decision (FID). The winning bidder of the project is a consortium known as SCD and composed of Saipem, Chiyoda and Daewoo.
NLNG recently submitted the evaluation of commercial bids for Train 7 to the Nigerian government, which represent another step for the project to be approved.
NLNG has been trying for several years to expand its LNG plant on Bonny Island. The Train 7 project will have a capacity of 8 Mt/y (10.8 bcm), increasing the total production capacity of the company by 35% to 30 Mt/y (40.5 bcm/y). NLNG said the construction period after FID will last approximately four to five years. The company intends to sign FID for Train 7 by end of October 2019. A previous deadline for a Train 7 FID before the end of 2018 was not met.
Nigeria Liquefied Natural Gas (NLNG), a company made up of NNPC (49%), Shell (25.6%), Total (15%) and Eni (10.4%), owns the Bonny natural gas liquefaction plant, which is currenty composed of 6 trains with a total capacity of 22 Mt/year (30 bcm/year). In 2018, Nigeria was the fifth-largest LNG producer in the world, with its production reaching 25 bcm (-3% compared to 2017).
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