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In particular, the following key performance countries in the wake of Russia’s invasion of Speaking on the topic, Human Capacity
metrics were identified to measure performance Ukraine, to diversify its hitherto heavy reliance Development: The Pillar for Nigeria’s industri-
and progress, many of which are industry-lead- on Russian natural gas supplies. By signing the alisation, the NCDMB chieftain warned that the
ing: Continued our strong health & safety record proposed MoU with Egypt, the EU stands to take Board would enforce periodic forensic audit for
with a zero Lost Time Injury Rate (LTIR) (2020: a major step forward to secure a stable supply of HCD programmes and companies found violat-
zero) and a 0.34 Total Recordable Incident Rate gas from the eastern Mediterranean over the ing the NOGICD Act 2010 and the Ministerial
(TRIR) in 2021 (2020: 0.28); Increased our Total long term. Regulations in executing cost intensive Capacity
Contributions to host nations Nigeria and Niger For some time now, Israel has been expand- Development Initiatives as mandated by the Act
by 12% to $55.1m (2020: $49.3m); Increased our ing co-operation with Egypt on this front, would be sanctioned.
investment in social impact projects in Nigeria connecting its gas fields in the eastern Mediter- He said: “It has come to the attention of the
and Niger by more than 50% to $246,000 in 2021 ranean to Egypt’s existing LNG plants in Dami- Board that some operating companies and ser-
(2020: $161,000); Number of transport related etta and Rosetta. Additionally, some of the 5bn vices companies are reluctant to implement the
incidents remains exceptionally low with two in cubic metres per year of Israeli gas that flow to HCD programmes as directed by the Board.
2021 covering over 1.6mn transport-km trav- Egypt via the Eastern Mediterranean Gas (EMG) Most of the companies are testing the mettle
elled (2020: five incidents); Maintained senior pipeline, a subsea link that runs from Ashkelon of the Board and I want to use this opportunity
management female gender diversity at 35% to Arish, goes to the Damietta and Rosetta LNG to inform erring companies that the Board will
(2020: 35%); Established a multimillion-dollar, plants. meet appropriate sanctions to them as pre-
world class training scheme across our whole Accordingly, additional Israeli supplies could scribed by the Act.”
business for 2021-23, resulting in a 22% increase help the two Egyptian facilities operate at their He added that the Board is mandated to
in training hours per employee and a 32% full capacity of 12.2mn tonnes per year (tpy), up ensure that the industry derives maximum ben-
increase in total working hours of training. from their current utilisation rate of 84%. efits from huge investments and also ensure ben-
Maintained a low carbon intensity of 13.3 kg Egypt’s earnings from gas and LNG exports eficiaries of the HCD training programmes find
CO2e/boe (2020: 12.8 kg CO2e/boe) compared were up by 98% year on year to $3.89bn in the gainful employment in the industry.
to our industry peer group; Maintained our zero first four months of 2022. This came on the heels Stressing on the importance of human capac-
hydrocarbon spills record defined as not greater of a 768% jump in natural gas export revenues ity development, Wabote said: “With the rapid
than one barrel reaching the environment (2020: to $3.95bn in 2021, compared with $456mn in advancement in technologies used in the oil and
zero); Measured our freshwater use for the first 2020. gas industry, our industry will continue to be
time, recording usage of approximately 5,359 m3 bna/IntelliNews, June 7 2022 manned by foreigners and expats, if we do not
of freshwater from boreholes and mains supply; keep pace with the spate of technological devel-
and Minimised our negative impacts on bio- NCDMB to sanction firms opment by developing the human capabilities
diversity, putting in place Biodiversity Action required for the challenges of modern indus-
Plans at our four operational sites to minimise for non-compliance with trial technologies. It is with a view to developing
any impact from our operations. the Nigerian workforce capable of leading and
During 2021 and 2022, we have implemented HCD guidelines advancing technological developments in the oil
the Company’s new sustainability performance and Gas industry and supporting the attainment
and reporting framework across the Group. We The Nigerian Content Development and Mon- of Nigerian local Content aspirations that the
implemented a digital tool to track our perfor- itoring Board says it will sanction companies proponents of the NOGICD Act deemed it nec-
mance on our key sustainability indicators on a that default or fail to comply with the Human essary to include clauses that mandate Employ-
month-by-month and country-by-country basis Capacity Development provisions contained ment and Training in the Act.”
and have integrated seven leading sustainability in the Nigerian Oil and Gas Industry Content Wabote commended the efforts of some
reporting standards into our reporting frame- Development Act. operating companies and services companies
work. We plan to publish the respective detailed The Executive Secretary of NCDMB, Simbi that comply with the directives of the Board,
disclosure reports setting out our alignment to Wabote made this known on Tuesday while noting that the future of the industry will be at
each standard during H2-2022. delivering a keynote address at the second edi- risk without adequate investment in Human
Savannah Energy, June 7 2022 tion of the Virtual Stakeholders workshop for Capacity Development. He reiterated that Nige-
Human Capacity Development in the Nigerian ria is leading Africa on Human Capacity Devel-
Oil and Gas Industry. opment in the oil and Gas industry.
POLICY

Egypt and EU to sign MoU
on long-term LNG exports

Egypt is poised to sign a memorandum of under-
standing (MoU) with the EU on deliveries of gas
extracted from Israeli fields in the eastern Med-
iterranean and processed into LNG at Egyptian
terminals, media sources have reported. The
signing will take place in late June, when Euro-
pean Commission President Ursula von der
Leyen visits Cairo.
The EU is keen on deals with gas-rich

P18 www. NEWSBASE .com Week 23 08•June•2022