Uchenna Izundu
International Editor
LONDON, Jan. 22 -- Afren PLC, E.On Ruhrgas AG, and African LNG Holdings Ltd. will assess the feasibility of building an LNG plant and related gas facilities in southeastern Nigeria.
The partners will focus on developing gas from a targeted list of assets and will study gas gathering capabilities and potential LNG export possibilities. Afren said the group will then decide on establishing joint corporate structures and funding arrangements.
Under a cooperation agreement the consortium signed Jan. 22, analyses will focus on the Anambra basin and will aim to reduce gas flaring and ensure that domestic demand can be satisfied and export commitments met.
African LNG will be Afren's exclusive downstream liquefaction partner in developing a monetization strategy.
Contact Uchenna Izundu at [email protected].