AUSSIE LNG OPERATIONS ADVANCE; NIGERIAN PROPOSAL HITS A SNAG

Two big liquefied natural gas projects reported progress and disappointment as 1993 got under way. Australia's massive Northwest Shelf LNG operations marked headway late last year. However, Nigeria's Bonny Island project was threatened by failure of Nigeria LNG Ltd., Lagos, to raise $2 billion in foreign investment before the deadline to award the main contract. Partners in Northwest Shelf operations started up a third train at their liquefaction plant on the Burrup Peninsula of Western

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