LNG

Nigeria LNG, the company that runs the West African nation’s six liquefaction Trains at Bonny Island on the Niger delta, has taken the first steps towards constructing a seventh Train after years of delay by awarding engineering contracts and planning to raise $7 billion from the global financial markets.

Chiyoda Corp., the leading Japanese project engineer, was awarded a pre-front-end engineering and design subsea contract along with a partner for the Indonesian Abadi natural gas field in the Arafura Sea that will underpin an onshore LNG export project.