A final investment decision on Nigeria LNG’s Train 7 expansion project is not expected to take place until the middle of the year, at the earliest.
NLNG had told Upstream previously that a final investment decision on the $7 billion project was being targeted for the end of 2018.
Industry sources said that a front-end engineering and design contest between two consortia is still ongoing and is a couple of months from being completed.
Only after FEED studies have been finished can the rival groups submit commercial offers for an engineering, procurement and construction contract.
These offers will then need to be evaluated by NLNG – probably involving lengthy clarification talks – before a winning contender is selected around the middle of this year or maybe later.
Source: Upstream