Shell greenlights Bahamas LNG regasification terminal

AI Summary

Shell has reached a final investment decision on a small-scale LNG regasification terminal in the Bahamas. The terminal will utilize Shell's US LNG portfolio, with its subsidiary Shell Bahamas Power Company holding a 40% interest.

Shell said July 14 it has reached a final investment decision on a small-scale LNG regasification terminal in the Bahamas that it plans to supply using its portfolio of US LNG offtake. As part of the FID by its subsidiary, Shell Bahamas Power Company, the energy giant said it acquired a 40% interest in New ...