There are enough projects on the drawing board in Nigeria for another 40 mtpa of LNG. But claims of imminent FIDs on all three of the proposed plants – Brass LNG, Olokola LNG (OKLNG) and expansion at Nigeria LNG – have been around long enough for sales and purchase agreements to be signed, sealed and then apparently expire.
In August, Shell confirmed it had pulled out of OKLNG, followed closely by reports that Chevron too had decided to leave the project – both companies citing a lack of progress as the chief reason.
Amidst the turmoil, LNG Business Review considers what needs to happen for another Nigerian LNG train to reach FID.
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