LNG

Royal Dutch Shell posted its huge pre-flagged asset impairment loss in its earnings with the Integrated Gas division, including LNG, accounting for its own share of losses with write-downs on the Australian Queensland Curtis LNG plant and the offshore Prelude FLNG hull.

Royal Dutch Shell said all conditions had been met for its final investment decision (FID) on a new LNG processing unit at Nigeria LNG, a project known as the Train 7 expansion.

French energy major Total will make a final investment decision on the Nigeria liquefied natural gas expansion project to build a seventh Train by the end of the year and said that its acquisition of Mozambique LNG assets fits well into its growth strategy.