LNG project in Nigeria

Nigerian National Petroleum Corp. (NNPC), ChevronTexaco Corp., ConocoPhillips subsidiary Phillips Oil Co. (Nigeria) Ltd, and Italy’s ENI SPA have formed a joint venture, Brass LNG Ltd. JV, to construct a new LNG liquefaction plant in Nigeria’s central Niger Delta. The group will build the facility offshore near the Brass Terminal operated by Nigerian Agip Oil Co. (NAOC), in water sufficiently deep to accommodate LNG carriers. Following the successful completion of earlier feasibility studies, Brass LNG reported on 30 October that it had signed a Heads of Agreement to conduct front-end engineering and design work for two trains, each capable of producing 5 million tonnes/year of LNG. Natural gas for the facility will come from substantial gas reserves within oil and gas fields operated by existing NAOC and ChevronTexaco joint ventures.

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