Nigeria LNG moves closer to Train 7 investment decision

Chiyoda

11/09/2019 15:17

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.
    
    

 (Reporting by Ekaterina Kravtsova; Editing by Susan Fenton)
 ((Ekaterina.Kravtsova@thomsonreuters.com; +442075420980;
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