TRAIN 7 CONSTRUCTION, INSTALLATION TO BE EXECUTED IN NIGERIA –NLNG

TRAIN 7 CONSTRUCTION, INSTALLATION TO BE EXECUTED IN NIGERIA –NLNG

In an effort to strengthen local content in the petroleum industry, the Nigerian Liquefied Natural Gas (NLNG) yesterday, said the entire installation and construction works of its train 7 project would be executed in Nigeria.

The Managing Director/Chief Executive Officer of the NLNG, Mr Tony Attah, who revealed this at the ongoing Nigerian International Petroleum Summit (NIPS) in Abuja, said that Train 7 project remains a huge project that would attract important foreign direct investment into the country in the months ahead.

Attah, who was represented by Mr. Adeleye Falade, General Manager, Production, stated that  the incentive to build and operate Train 7 was strengthened by the proven successes recorded by Nigeria LNG in its past 20 years of operation, adding that in its current state, the company had significantly reduced the environmental hazards arising from gas flaring.

He said that the addition of Train 7 to the current six-train plant will add another eight million metric tonnes of LNG to the current sustained 22 million metric tonnes production capacity of the plant, adding that this will keep Nigeria prominently on the list of the top seven suppliers of global LNG.

One of the quick wins from Train 7 project for Nigeria is the creation of jobs for teaming youths and setting up to 12,000 direct jobs at the construction phase as well as the associated skills acquisition through a deliberate effort at technology transfer.

“Riding on the back of a robust Nigerian Content plan endorsed by the Nigerian Content Development Monitoring Board (NCDMB), 55 per cent of the Engineering activities for Train 7 will be carried out in-country and 55 per cent of all procurement for execution of the project will be undertaken by Nigerian vendors.

 “For a Nigerian company managed by 100 per cent Nigerian management team and 95 per cent indigenous workforce, it is a daunting teat to be reputed as the first worldwide in plant reliability and the single most expansive LNG plant on the continent. We can sustain this and do much more.

“Nigeria’s growing response to the demand for cleaner energy sources to power the world has accentuated the critical role that our premium crude oil and natural gas resources play in that space,” Falade explained.

 

The Sun