We are moving the needle on Train 7, said NLNG. Two milestone events took place in London today, showing that the project is alive.
The first event is a ceremony to commemorate the repayment of Shareholder Loan to NLNG. NLNG is completing the payment of loan which its shareholders gave the company for the construction of Trains 1 to 6. In that ceremony, NLNG sounded preparedness to the international financial market for financing of NLNG and Train 7 project.
The second event is the signing of Front End Engineering Design (FEED) which is a critical point on the journey to FID. FEED is a prerequisite for FID.