Why NLNG dragged local firms into $4bn Train seven deals

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The Nigeria Liquefied Natural Gas (NLNG) Limited has dragged local firms into taking full advantage of deals from its $4 billion Train 7 project ahead of the looming Final Invest Decision (FID).

Managing Director and Chief Executive Officer of the company, Tony Attah, who, according to a statement, revealed this at a workshop in Port Harcourt, maintained that the gas giant was 100% committed to a Train 7 project that would be delivered with the involvement of competent Nigerian companies.

The workshop entitled “Public Workshop on Nigerian Content for NLNG’s Train 7 Development” the statement read, targeted at giving Nigerian companies information on how Nigerian Content can be maximised in NLNG Train 7 project. The project is expected to ramp up the company’s production capacity by 35% from 22 Million Tonnes Per Annum (MTPA) to 30 MTPA.

“Dignitaries at the event include the Executive Secretary of the Nigerian Content Development Monitoring Board (NCDMB), Engr. Simbi Wabote; top executives of the board; chief executives of Nigerian companies; NLNG’s Coordinator, Expansion, Suleiman Umaru; representatives of business across the country.

“The workshop is the third held by the company in its bid to ensure Nigerian companies and the Nigerian economy derives maximum value from its Train 7 project. The project, valued at over $4 billion, is expected to commence as soon as a Final Investment Decision (FID) is taken,” the statement issued by Manager, Corporate Communications and Public Affairs, Andy Odeh, read.

In his welcome remarks, Tony Attah, said “NLNG is underpinned by its vision of being ‘a global LNG company helping to build a better Nigeria’. The global play is about the business itself and helping to build a better Nigeria is consist with our partnership with NCDMB.

“I will like to invite Nigerian companies to please participate in Train 7, which is the purpose of this workshop. It is consistent  with our partnership with NCDMB. It also opens up the opportunities for local companies to play, starting with understanding the scope of the project. In addition, it creates an opportunity to meet the two consortia we are currently working with, B7 JV and SCD JV. They are the key players tasked with the Front End Engineering Design (FEED),” he added.

In his keynote address, the NCDMB Executive Secretary, Wabote, commended NLNG for the workshop, saying “we had one of it in Bonny community and another in Abuja. Today, we are here in Port Harcourt. It shows the sense of responsibility of the company to ensure that all stakeholders are taken on-board and are informed about the various opportunities in the project.

“The workshop goes to show that there is adequate information and communication. We have gone through the three levels from Bonny community where we assembled the Bonny contractors to talk about this to this moment. This is a strategy we have put in place to ensure that all upcoming opportunities are well communicated to all stakeholders at all levels.

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