The Managing Director of Nigeria Liquefied Natural Gas (NLNG), Tony Attah, disclosed at the just concluded Nigeria International Petroleum Summit (NIPS), that addition of Train 7 to the current six-train plant will add another eight million metric tonnes of LNG to the current sustained 22million metric tonnes production capacity of plant. “This will keep Nigeria prominently on the list of the top 7 suppliers of global LNG. This is an enviable position for an African country to achieve, in the face of our evolving technological advancement which is managed by highly skilled Nigerian professionals of varying competencies.”
Attah who was represented by Engr. Adeleye Falade, GM, Production, said he was fully assured that the annual NIPS event is attracting the highest level of attention from industry players, and relevant stakeholders on the continent to participate in the global conversations about the dynamic energy mix.
The MD of NLNG noted that Nigeria’s growing response to the demand for cleaner energy sources to power the world has accentuated the critical role that the country’s premium crude oil, and natural gas resources play in that space.
He stated that the focus of this year’s conference on “Widening the Integration Circle: Technology, Knowledge, Sustainability and Partnership”, is a pointer to the fact that Nigeria, and ultimately Africa, is conscious of the need to strategically harness all these elements. They will certainly give an edge to maximally benefit from the volatile, and highly competitive global energy sector.
Attah said, in the past 20 years, NLNG has resiliently maintained top rating as a significant player, and the 5th major supplier of global LNG with the export of over 4500 LNG cargoes delivered safely worldwide, and still counting.
According to him, “The very quick wins from Train 7 project for Nigeria is the creation of jobs for our teaming youths, netting up to 12,000 direct jobs at the construction phase as well as the associated skills acquisition through a deliberate effort at technology transfer.”
Riding on the back of a robust Nigerian Content plan endorsed by the Nigerian Content Development Monitoring Board (NCDMB), 55% of the Engineering activities for Train 7 will be carried out in-country, and 55% of all procurement for execution of the proiect will be undertaken by Nigerian vendors.
Stating further, Attah said, 100% of the installations and construction will happen in Nigeria, and the entire project will attract huge Foreign Direct Investment to the Nigerian economy. Other benefits include the emergence of upstream and other associated projects that will bolster Nigeria’s economy.
The NLNG boss assured that deliberations and conversations at NIPS, “There is no doubt that we can all build synergies that should propel NLNG to sustain its winning streak and support the emergence of new LNG suppliers in the country and the continent at large.”
He said NLNG’s motivation to build and operate Train 7 is heightened by the proven success recorded in the past 20 years of operation. In its current state, the company has significantly reduced the environmental hazards arising from gas flaring.
To date, the company has converted about 191.5bcm (billion standard cubic metres) or 6.8ch (trillion cubic feet) of Associated Gas (AG) to Liquefied Natural Gas (LNG) and Natural Gas Liquids (NGLs), thus reducing gas flaring by Upstream Companies from over 60% when it commenced operations to less than 20% currently.
For a Nigerian company managed by 100% Nigerian Management team and 95% indigenous workforce, it is a daunting feet to be reputed as the first worldwide in plant reliability and the single most expansive LNG plant on the continent.
This can also be sustained as the country aspires to do more.