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Golar Looks To Nigeria To Expand Power Footprint

Golar LNG said on Monday it was in talks with the Federal Government about setting up a power project that could use one of its vessels to import liquefied natural gas (LNG), reports Reuters.

The company wants to expand beyond its core LNG shipping and terminals business and owns half of the $1.7 billion Sergipe power plant project in Brazil, in which it will also provide a floating storage and regasification unit (FSRU) to take delivery of LNG.

Golar’s Chief Commercial Officer, Robert Carter, said the company was looking into a “fully integrated gas and power project” in the state of Lagos.

“We’re in discussions with Nigerian authorities. We’re trying to develop a terminal there that could include the utilisation of domestic LNG supplies,” Carter said.

LNG-to-power projects tend to comprise an LNG import terminal such as an FSRU vessel; infrastructure such as pipelines for the regasified gas; and a power plant which uses the gas as feedstock to produce electricity


Source: Independent

Source: ndependent

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