Go Beyond Train-7, Focus On What Next, Kyari Tells NLNG
The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has called on the management of the Nigerian Liquefied Natural Gas (NLNG) to begin to focus on what else can be done beyond Train-7 to expand NLNG operations, assuring that the October final investment decision (FID) on the project is a done deal.
In July last year in London, the Nigerian NNPC, Shell, Total and Eni signed the front-end engineering design contract of the Train-7 of the Nigeria Liquefied Natural Gas Limited. The event also witnessed the commemoration of the repayment of $5.45 billion loan for Trains 1 to 6 by the NLNG shareholders.
The NLNG Train-7 project aims to increase the company’s production capacity by the expansion of Trains 1-6 and associated infrastructure at an estimated cost of $4.3 billion. The NNPC had put the target for the project FID date for the fourth quarter of this year.
While speaking with members of the top management of the NLNG, led by its Managing Director, Tony Attah, who visited him in Abuja yesterday, Kyari reiterated that the eight million-tons per annum (MTPA) Train-7 project is designed to expand the company’s production capacity from the current 22 MTPA to 30 MTPA.
SOURCE: Orientenergyreview.com