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Shell Invests in New Nigeria LNG Processing Unit

Gasoil News - Published on Fri, 15 May 2020

Image Source: Shell Nigeria LNG
Royal Dutch Shell plc subsidiary Shell Gas BV announced that all conditions for its Final Investment Decision on a new LNG processing unit at Nigeria LNG have now been met. These conditions included formal commitment from the organisations providing financing for the project. Subsequent to the FID, NLNG has announced awards of engineering, procurement and construction contracts. Once operational, the new unit, known as Train 7, will add around 8 million tonnes per annum of capacity to the Bonny Island facility, taking the total to around 30 million tonnes per annum.

Currently operating six processing units, or trains, the decision to build a seventh will bolster NLNG’s contribution to the development of the country through generating revenues for the Nigerian government and delivering key natural gas products for domestic use.

NLNG is a joint venture owned by the Nigerian National Petroleum Corporation 49%, Shell 25.6%, Total 15% and ENI 10.4%. All shareholders have supported the EPC awards and construction schedules will be finalised once the situation with COVID-19 has stabilised.

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Posted By : Yogender Pancholi on Fri, 15 May 2020
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