Nigeria LNG moves closer to Train 7 investment decision
9/11/2019
Nigeria LNG said it signed a letter of intent with a consortium for the engineering, procurement and construction of the Train 7 facility at its liquefied natural gas plant on Bonny Island.
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| Source: EWA |
NLNG said in its statement that this was a significant step toward a final investment decision for the Train 7 project which will ramp up NLNG’s production by 35% to 30 million tonnes of LNG per year.
The project has been delayed for several years.
The letter of intent was signed with a consortium of companies comprising Italy’s Saipem, Japan’s Chiyoda and South Korea’s Daewoo, NLNG said.
Reporting by Ekaterina Kravtsova; Editing by Susan Fenton
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