Shell Petroleum Development Co. of Nigeria Ltd. (SPDC), operator of the Nigerian National Petroleum Corp. (NNPC)/SPDC joint venture (SPDC JV), reported that the group has taken final investment decisions for the Trans Niger Pipeline loop-line (TNPL) and the Gbaran-Ubie Phase Two projects. Both are in Nigeria's eastern Niger Delta.
Total capital investment of the two bundles of projects is $3.9 billion, SPDC said.
Trans Niger Pipeline (TNP) carries 180,000 b/d of crude oil to the Bonny Export Terminal and is part of the gas liquids evacuation infrastructure, "critical for continued domestic power generation (Afam VI power plant) and LNG exports," SPDC said.
On June 19, SPDC JV ha...