Page 7 - GLNG Week 16
P. 7
GLNG AFRICA GLNG
consulting, well drilling services and petroleum technology, as well as maintenance and modifi- cation,amongothers.”
NCDMB launched the Project 100 pro- gramme in the hope of identifying promising start-up firms in the oil and gas sector. The board has arranged to “support [these compa- nies] through special interventions to facilitate their incubation, maturation and growth into world-class service companies,” according to the statement.
As of press time, no word was available on NLNG’s response. Wabote said in his letter that his agency was in touch with multiple investors and would continue to make regular recom- mendations of Project 100 participants to other parties.
Existing commitments
NLNG has indicated before that it wants to max- imise the use of local content in the construction of Train 7, a new production facility. Speaking at an industry conference in Abuja in Febru- ary, Attah noted that Nigeria’s government had already approved its plans for the Train 7 project.
“Riding on the back of a robust Nigerian content plan endorsed by the Nigerian Content Development Monitoring Board, 55% of the engineering activities for Train 7 will be carried out in-country, and 55% of all procurement for execution of the project will be undertaken by Nigerian vendors,” he said.
The NLNG head also stated that fully 100% of all installation and construction work would becarriedoutinNigeria.Theprojectwillbenefit the country’s economy in many ways, including “the creation of jobs for our teeming youths, net- ting up to 12,000 direct jobs [during] the con- struction phase, as well as the associated skills acquisition through a deliberate effort at tech- nology transfer,” he stated.
NLNG’s largest shareholder is state-owned Nigerian National Petroleum Corp. (NNPC), which owns a stake of 49%. The remaining 51% of equity in the consortium is divided between Royal Dutch Shell (UK/Netherlands, 25.6%), Total (France, 15%) and Eni (Italy, 10.4%).
The four-member consortium began pro- ducing LNG in 1999 and already has six produc- tion trains in place at its gas liquefaction plant on Bonny Island. These trains have a combined capacity of 22.5mn tonnes per year (tpy). The addition of Train 7 will increase the total by 7.2mn tpy to 30mn tpy, with the new production facility adding 4.2mn tpy and the debottleneck- ing of existing trains contributing another 3.4mn tpy.
Mele Kyari, NNPC’s group managing direc- tor, declared in late 2019 that NLNG would con- tinue to expand after the completion of Train 7. Nigerian President Muhammadu Buhari has ordered the consortium to build another five production trains, bringing the total number up to 12, he said.
Week 16 24•April•2020 w w w . N E W S B A S E . c o m P7
