Page 10 - GLNG Week 20 2021
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GLNG AFRICA GLNG
NLNG set to accelerate work on
Train 7 project by end of May
PROJECTS & SIMBI Wabote, the executive director of the project itself is anticipated to cost $5bn to imple-
COMPANIES Nigeria Content Development and Monitoring ment, and another $5bn will have to be spent on
Board (NCDMB), has said he expects the Nige- upstream and midstream operations to support
ria LNG (NLNG) consortium to accelerate work Train 7, he commented.
on the Train 7 project within the next few weeks. “[In addition to] the $5bn for the Train 7
Speaking to reporters in Lagos earlier this project, there is another $5bn out there for the
week, Wabote acknowledged that NLNG had upstream opportunity,” he explained. “So in the
not been able to move ahead as quickly as it had whole process, you see that we’ve been able to
hoped. The consortium signed contracts for lock almost about $10bn only on the Train 7
the Train 7 project early in 2020 and could not project.”
implement them immediately because of the The Train 7 project is designed to raise
coronavirus (COVID-19) pandemic, he noted. NLNG’s total production capacity from 22.5mn
As a result, he said, Nigerian fabrication tonnes per year to 30mn tpy. It provides for the
yards, along with other local contractors and construction of a seventh train that will turn out
sub-contractors that are slated to contribute to 4.2mn tpy, as well as the debottlenecking of exist-
the project, have not yet started operating at full ing trains, which will add another 3.4mn tpy of
capacity. But the pace of work is set to pick up in capacity.
the near future, he stated. The NLNG consortium includes Nigerian
“It has been slow, to be fair, in coming to full National Petroleum Corp. (NNPC), with 49%;
steam to keep the various yards in the country Royal Dutch Shell (UK/Netherlands), with
busy,” he was quoted as saying by This Day. “But 25.6%; Total (France), with 15%, and Eni (Italy),
I have been told that by [the end of] May, things with 10.4%. The partners own a gas liquefac-
will begin to accelerate.” tion plant with six production trains on Bonny
Wabote also said that he expected the Train Island. They brought the first train on stream in
7 scheme to attract as much as $10bn worth of 1999 and made a final investment decision (FID)
investment into the Nigerian economy. The on the construction of a seventh train last year.
P10 www. NEWSBASE .com Week 20 21•May•2021
