Crunch time for Brass LNG as political pressure builds for FID

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Nigeria’s Brass LNG project has been postponed so many times that few people would be surprised to see yet more delays or even abandonment. However, a new sense of urgency surrounds the project, with sponsors, politicians and even a major engineering contractor forecasting that final investment decision (FID) could be reached this year. Meanwhile, political pressure is building for Nigeria’s president and its petroleum minister to clear the way so that construction can begin. What are the remaining obstacles in Brass LNG’s path? What is being done to address them? And how likely is FID in 2012?

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