NLNG appeals for enabling environment for Train-7 project
- Outlines economic benefits to Nigerians
Sopuruchi Onwuka
Nigeria’s leading gas export company, the Nigeria Liquefied Natural Gas (NLNG) Limited, has called on all stakeholders in the country’s economy to assist to creating the right environment for the completion of the seventh liquefaction plant also called Train-7.
The company also reaffirmed its commitment to delivering economic benefits through the Train 7 project on Bonny Island.
The Oracle Today reports that each of the process plants in the company is built as a modular train, explaining the gradual expansion of the gas processing and export complex from existing six trains of total 22 mtpa to current target of 30 million tons per annum (mtpa) capacity.
The appeal from the company follows surprising inquisition into contract details between the company and its technical and construction service providers deployed in the development of Train-7.
In calling for enabling environment to guarantee smooth delivery of the project, the General Manager in charge of External Relations and Sustainable Development, Andy Odeh, noted that the project remained crucial for monetising Nigeria’s vast gas resources, estimated at over 200 trillion cubic feet (tcf) of proven reserves and it remains an inspiration to other gas development initiatives aimed at enhancing gas monetisation and utilisation in the country.
In expressing the company’s respect for the nation’s legislature, he stated that NLNG is committed to collaborate with the legislature to transform Nigeria’s energy landscape.
The company called on all stakeholders including the Federal Government and all well-meaning Nigerians to support the preservation of an enabling environment for its successful completion and the attraction of more transformational projects to Nigeria.
In speaking at a reconvened session of the Senate and House of Representatives’ Joint Committee on Gas, officials of the company provided necessary information and clarifications to address issues raised by the committee.
NLNG confirmed that the project, with a total contract sum of $4.3 billion, has reached an overall progress of 67% completion, achieving significant construction milestone of over 45 million manhours without any Lost Time Injury (LTI).
The Company noted that the project was already delivering on one of its benefits with over 9,000 Nigerians working in the project on Bonny Island, and numerous indirect jobs and businesses emerging and booming as a result of the construction.
NLNG emphasised that the Train 7 project is a strategic initiative that will support the diversification of the country’s revenue sources, revenue generation during the Energy Transition, and aid the country in achieving a net-zero future.
The company also stressed the significance of the project to the Federal Government’s Decade of Gas initiative. It emphasised that the project is aligned with Nigeria’s gas development aspirations, as the outlined initiative is both timely and essential to secure the nation’s future, particularly as the global movement towards a net-zero future accelerates.