Adedapo Adesanya
By Adedapo Adesanya
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has said that having more liquefied Natural Gas (LNG) facilities in the country will create more employment and bring more expansion to the economy.
Mr Kyari noted that this was why the national oil company sought further expansion of the Nigeria Liquefied Natural Gas (NLNG).
The NNPC chief said the organisation has commenced discussions on the NLNG Train 8 project with its partners as part of the country’s decade of gas plan.
The federal government had declared January 1, 2021, to December 31, 2030, as The Decade of Gas Development for Nigeria because the development of the country’s vast gas resources will benefit all.
This was one of the key national priority as encapsulated in the National Gas Policy of 2017, which intends to strengthen the gas value chain.
According to the NNPC boss, Train 8 is the federal government’s effort at establishing gas hubs that would lead to the creation of other LNG projects.
According to him, having more LNG facilities would create “more jobs, more employment, more expansion of the economy. We agree with this and we are also chasing that appropriately.”
NLNG operates a liquefaction complex comprising six complete liquefaction trains and associated facilities with a total capacity of 22 million tonnes per annum, MTPA.
It is owned by four shareholders – the Federal Government of Nigeria, represented by the NNPC, which holds 49 per cent shares in the venture; Shell Gas B.V., with 25.6 per cent; Total Gaz Electricite Holdings France, 15 per cent; and Eni International N.A. N.V. S.àr.l, 10.4 per cent.
