Shell Greenlights HI Offshore Gas Project
Shell and its local partner, Sunlink Energies, have reached a final investment decision on the HI gas project offshore Nigeria.
The project will deliver 350 million standard cubic feet of gas per day at peak to Nigeria LNG’s Bonny Island terminal, boosting the country's LNG supply.
Shell plc’s Nigerian subsidiary, Shell Nigeria Exploration and Production Company Limited (SNEPCo), has approved investment in the HI offshore gas development.
This move marks another major step in expanding Nigeria’s liquefied natural gas (LNG) exports and reinforces Shell’s global integrated gas strategy.
Author's summary: Shell invests in HI gas project to boost Nigeria's LNG exports.