$5bn Train-7 NLNG Project Reaches 52% Completion Level
Company says project now employs 8,300 persons Decries waning feedstock availability on rising sabotage Avuru: Nigeria needs about $7.6bn investments to return oil production to 2.1mbpd in two years
Emmanuel Addeh in Abuja and Peter Uzoho in Lagos
The Nigeria Liquefied Natural Gas Limited (NLNG), yesterday, stated
that the ongoing construction of the $5 billion Train-7 project being undertaken at Finima, Bonny Island, Rivers State, was at 52 per cent completion rate and currently
engages 8,300 Nigerians. This was revealed when the management of NLNG, led by its Managing Director, Dr. Philip Mshelbila, held an engagement session with Executive
Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, at the gas company’s operational base in Bonny Island.
The engagement came as renowned oil and gas expert and Executive Chairman of AA Holdings Limited, Mr. Austin Avuru, for the umpteenth time, called
for measures to retool the ailing Nigerian petroleum sector. Avuru stated that investments worth about Continued on page 32
NEITI Report: We Are Working to Reconcile Areas of Discrepancies, Says NNPC... Page 5 Tuesday 07 November, 2023 Vol 28. No 10436. Price: N250
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UTM OFFSHORE in strategic collaboration with UAE govt...
Chief Executive of UTM Offshore Limited, Julius Rone (left) and UAE's Ambassador to Nigeria, Salem Saeed Al-Shamsi, during Rone's visit to the ambassador for strategic collaboration at the UAE Embassy in Abuja … yesterday
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