Time to Shell out?
The world hardly needs another LNG plant but a capacity expansion at Nigeria's NLNG looks more probable than it has for a while
At a time when African nations with no history of liquefied natural gas exports are managing to attract investment to the sector, Nigeria, the world's fourth-largest producer, is still struggling to expand its only facility, the long-established Nigeria LNG. The owners of the six-train plant—a consortium of operator Shell (25.6%), Total (15%) and (Eni 10.4%), along with the state-owned Nigerian National Petroleum Corporation (NNPC, 49%)—have been talking for years about adding further trains. But unfavourable investment conditions, political uncertainties and unrest in the Niger Delta, which has disrupted gas supply, have prevented any expansion since Train 6 was completed in 2007. Mozambiqu
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