Shell Bahamas Power Co. Inc., a subsidiary of Shell plc, has reached a final investment decision (FID) to develop an LNG regasification terminal in Nassau, The Bahamas.
The project is intended to supply natural gas for power generation on New Providence, the country’s most populous island, replacing fuel oil and diesel and helping reduce emissions. The Bahamian government is pursuing a phased energy sector reform program that will enable the gradual conversion of existing power generation assets to natural gas in line with national demand.
As part of the FID, Shell acquired a 40% interest in New Providence Gas Ltd. (NPG), a joint venture with Sun Oil Holdings, a subsidiary of FOCOL Holdings Ltd. NPG will construct, own, and operate the small-scale LNG regasification terminal at the Clifton Pier industrial area on the southwestern end of New Providence.
Shell said it will supply LNG to the project, leveraging its US LNG portfolio.
In August 2025, Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) was selected by NPG to provide LNG regasification and cryogenic equipment for the project, which is expected to support lower-carbon power generation by supplying LNG to new and retrofitted gas turbines that currently run on diesel.
Nikkiso CE&IG will manufacture and deliver a packaged regasification system with modular, standardized design with capacity of 55 MMscfd. The system will include high-pressure submerged centrifugal pumps installed in a modular pump skid, a gas-fired water bath vaporizer and associated power distribution and control systems, an insulated pipeline incorporating the company’s vacuum-jacketed technology, and other ancillary equipment. The company also will provide engineering services for the project.
