Nigerian Content Development & Monitoring Board (NCDMB) Steel Pipe Mill Scheme • Maximization of Existing Facility: • Nigerian made steel pipes are being sourced for industry use; over 100km line pipe sourced from SCC. This $80 million contract kept over 350 jobs and provided additional 150 new job opportunities in SCC. This intervention is a classic case of fostering linkage between the oil and gas industry and manufacturing. • Promotion of the establishment of new Pipe Mills: • To complement the SCC facility, Yulong Steel and Vigeo Steel are committed to establishing LSAW (250,000Mt/annum) and HSAW (200,000 Mt/annum) Pipe Mills respectively. This effort will ensure that a significant proportion of the demand for steel pipe envisaged in the Gas Master Plan program, replacement of aged pipes and upcoming field development projects are sourced from Nigerian facilities. Expected retention of spend is estimated at over $700 million per annum in addition to over 10,000 direct and indirect job opportunities. 30
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.