Shell Bahamas LNG Terminal Gets Final Green Light

The Shell Bahamas LNG Terminal, a regasification project in Nassau, New Providence, Bahamas, has received final approval. The terminal is being developed by New Providence Gas Ltd., a joint venture between Bahamian group FOCOL Holdings (via Sun Oil Holdings) and Shell, which holds a 40% stake. The facility will have a regasification capacity of 55 million standard cubic feet per day.