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AfrOil PIPELINES & TRANSPORT AfrOil

Shell affiliate hires Nigerian company

to build gas distribution pipelines

NIGERIA SHELL Nigeria Gas (SNG), an affiliate of Royal levels.
Dutch Shell (UK/Netherlands), has contracted CNL confirmed its plans in a statement ear-
a Nigerian company to build distribution pipe- lier this week, saying it had made the decision
lines that will serve a facility established by the to cut jobs after reviewing its personnel require-
Nigeria Content Development and Monitoring ments in light of current market conditions.
Board (NCDMB). Esimaje Brikinn, the company’s general man-
Ed Ubong, the managing director of SNG, ager for policy and government affairs, said that
said earlier this week that Gredor Nigeria had making some workers redundant would help
agreed to build the pipelines at NCDMB’s indus- reduce costs and increase competitiveness.
trial park in Polaku, a town in Bayelsa State. The Brikinn also said that the staff cuts would
links will be used to deliver natural gas to the affect all levels of CNL’s organisation. “It is
tenants of the industrial park, he said. important to note that all our employees will
Ubong did not reveal the cost of the pro- retain their employment until the reorganisa-
ject or the projected capacity of the distribu- tion process is completed,” he added. ™
tion pipelines. But he did state that Gredor was
expected to complete its work within a period of
six months. He also said that the scheme would
help create new jobs and support domestic
industrialisation initiatives.
Additionally, he said, the pipelines will ben-
efit SNG by generating additional revenue and
supporting the expansion of the company’s
operations. “The project will increase the [more
than] 150 industrial and commercial customers
in Nigeria [that] currently receive SNG’s supply
of natural gas through gas infrastructure that we
have built with our partners and local stakehold-
ers,” he was quoted as saying by Vanguard.

Chevron slashes jobs
In related news, the US major Chevron’s Nige-
rian affiliate, Chevron Nigeria Ltd (CNL), is
gearing up to make a 25% reduction in staff The new pipelines will serve tenants of an industrial park(Image: SDT)

INVESTMENT
EBRD may provide $250mn sovereign loan

to Egypt’s Alexandria Petroleum Company

EGYPT THE European Bank for Reconstruction and performance. The loan is part of a $647mn total
Development (EBRD) is considering providing project funding needs.
a $250mn sovereign loan to Egypt to exclusively The project aims to modernise APC’s facil-
finance a package of energy and water efficiency ities and improve the refinery’s efficiency and
investments at Alexandria Petroleum Company reduce its energy consumption and overall
(APC). environmental impact. Meanwhile, it will also
The funds will be used to modernise and enhance plant productivity through saving
upgrade the refinery with processes capa- emissions of greenhouse gases (GHG), in addi-
ble of producing higher value added prod- tion to installing a continuous emissions mon-
ucts, improving energy efficiency and overall itoring system.

Week 40 07•October•2020 www. NEWSBASE .com P13