September 24, 2019 / 7:59 PM / 2 months ago

Total eyes FID on Nigeria LNG expansion year-end, first LNG by 2023

(Reuters) - French energy major Total will make a final investment decision on a Nigeria liquefied natural gas (LNG) project by the end of the year and expects first LNG by 2023, the company’s head of production Arnaud Breuillac said on Tuesday.

He said the expansion in Nigeria would add seven million tonnes per year to an existing 22 million tonnes per year plant.

Speaking in New York during the company’s Investor Day, Breuillac said the group aimed to grow the share of gas output to 22% of its portfolio by 2025 from 14% in 2018.

Reporting by Bate Felix; Editing by Chris Reese

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