The Nigeria Liquefied Natural Gas Limited (NLNG) said its multi-billion dollar Train-7 project is 67 per cent complete.
The company said in a statement by its general manager, external relations and sustainable development, Mr. Andy Odeh that the $4.3 billion plant would create employment for more than 9,000 Nigerians.
“NLNG confirmed that the project, with a total contract sum of $4.3 billion, has reached an overall progress of 67 per cent completion, achieving significant construction milestone of over 45 million man-hours without any lost time injury (LTI).
““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,” Odey said.
According to the statement, the plant expansion project, aimed at ramping up its production capacity to 30 million metric tons per annum (mtpa) from the current 22mtpa, had achieved a significant construction milestone of over 45 million man-hours without any Lost Time Injury (LTI).
NLNG said its officials, who spoke at a reconvened session of the senate and house of representatives joint committee on gas, provided necessary information and clarifications to address issues raised by the committee.
NLNG equally emphasised that the Train-7 project was a strategic initiative that would support the diversification of the country’s revenue sources and revenue generation during the energy transition, and aid the country in achieving a net-zero future.
It stated that the project was crucial for monetising Nigeria’s vast gas resources, estimated at over 200 trillion cubic feet (tcf) of proven reserves, and it remained an inspiration to other gas development initiatives aimed at enhancing gas monetisation and utilisation in the country.
It emphasised that the project was aligned with Nigeria’s gas development aspirations, as the outlined initiative was both timely and essential to secure the country’s future, particularly as the global movement towards a net-zero future accelerated.
It called on all stakeholders, including the federal government and all well-meaning Nigerians, to support the preservation of an enabling environment for successful completion and attraction of more transformational projects to Nigeria.
The project located at Bonny Island in Rivers State, was awarded to a consortium of three International Engineering, Procurement and Construction (EPC) firms, including Saipem, Chyodda and Daewoo, otherwise called the SCD consortium, led by Saipem.
