TotalEnergies and AMNI approve $800m Ima Gas development

TotalEnergies and AMNI International have approved an $800m Final Investment Decision for the Ima Gas project. Punch Nigeria reported that the project had remained undeveloped for more than 50 years, but the supplied material provides no schedule or production details.
TotalEnergies and AMNI International have taken a Final Investment Decision on the Ima Gas project, Punch Nigeria reported. The approved investment is valued at $800m. The decision allows the project, which the report says had remained undeveloped for more than 50 years, to move forward.
The supplied material does not give details about the project’s location, expected production, construction schedule or the companies’ ownership interests. It also does not say when work is expected to begin. The decision represents a commitment by the two companies to develop the long-delayed gas project.
No statement from either company beyond the reported approval, and no government reaction, was included in the available source material.
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.