NNPC, Nigeria LNG sign Train 7 EPC contracts
and the Nigeria LNG Limited on Wednesday signed the engineering, procurement and construction contracts for the Train 7 project.
On completion, the project is expected to raise the plant’s current six-train capacity by 35 per cent, from the extant 22 million tonnes per annum to 30 MTPA. “The pandemic crisis is not forever. I am confident it will come to end before the construction is completed and operations begin in five years time,” Mr Kyari said.The NNPC GMD said the company’s successes since it commenced operation in 1999 have continued to prove it is a unique business model that is profitable to all its stakeholders.
The NNPC, he said, was determined to support all the other shareholders and NLNG’s management to secure the much-needed public confidence from all critical stakeholders, especially federal government agencies and international investors towards the pursuit of the 7th train project. He commended the shareholders for the milestone achieved, assuring that the federal government will do all that was necessary to pursue it to the end on schedule and within budget.
The project, upon completion, will support the federal government’s drive to generate more revenue from Nigeria’s proven gas reserves of about 200 Trillion cubic feet and further reduce gas flaring in the country’s upstream oil and gas industry.
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