Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
LNG | Natural Gas

Nigeria LNG awards contract to build Train 7 at Bonny plant

Commodities | Electricity | Energy | Electric Power | Nuclear | Natural Gas | Oil | Metals | Steel | Petrochemicals | Polymers

Market Movers Europe, Nov 18-22: Russia-Ukraine gas transit deal on the line, as winter hits European power sector

LNG | Natural Gas | NGL

Platts LNG Alert

Capital Markets | Commodities | Electricity | Energy | LNG | Natural Gas | Shipping | Leveraged Finance & High Yield | Materials | Building & Construction | Financial Services | Banking | Infrastructure | Structured Finance

Infrastructure Summit

LNG | Natural Gas | Shipping | Marine Fuels

South Africa's DNG Energy to start LNG bunkering operations at Algoa Bay from 2020

Nigeria LNG awards contract to build Train 7 at Bonny plant

Lagos, Nigeria — Nigeria LNG, owners of the six train Bonny LNG plant located in Nigeria's Niger Delta Wednesday said it signed a letter of intent for the engineering, procurement and construction, or EPC, contract with SCD JV Consortium, to build a seventh train at the plant.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The consortium is made up of Saipem of Italy, Japan's Chiyoda and Daewoo of South Korea.

Construction of Train 7 at the Bonny LNG plant will increase output from the plant to 30 million mt/year from the current output of 22 million mt.

NLNG Ltd. said issuing the letter of intent for the EPC to the consortium confirmed the company's intention to award the project contract to the preferred bidder.

"The Letter of Intent is one of the key milestones to be achieved on the road to FID by its shareholders," NLNG stated.

"It marks another significant step towards the realization of Train 7 and it's attendant value to NLNG's shareholders," the company added.

Nigerian National Petroleum Corp., which holds 49% interest in the NLNG, said recently it expects the final investment decision on the project to be taken early in October.

In July last year, NNPC and its foreign partners in the Bonny LNG plant signed the contract for the design of Train 7 with the SCD consortium.

Other partners in the project are Shell, Eni and Total.

-- Newsdesk-Nigeria, newsdesk@spglobal.com

-- Edited by Debiprasad Nayak, newsdesk@spglobal.com