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Nigeria LNG moves closer to Train 7 investment decision

Published 11/09/2019, 15:36
Updated 11/09/2019, 15:40
Nigeria LNG moves closer to Train 7 investment decision
SPMI
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6366
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LONDON, Sept 11 (Reuters) - Nigeria LNG said it signed a

letter of intent on Wednesday with a consortium for the

engineering, procurement and construction of the Train 7

facility at its liquefied natural gas plant on Bonny Island.

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 SPMI.MI , Japan's Chiyoda

6366.T and South Korea's Daewoo DC.UL , NLNG said.

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