Speaking at the signing ceremony of the Nigeria Liquefied Natural Gas Limited (NLNG) Train 7, Nigerian Content Plan, in Abuja, Dr. Baru, who was represented at the occasion by Chief Operating Officer (COO), Gas and Power, Engr. Saidu Mohammed, said that the signing ceremony was important as one of the major processes to bring the Train 7 project on board.
He noted that the project had a lot of potentials that would benefit the nation, but called on the Nigerian Content Development and Monitoring Board (NCDMB) to ensure that Train 8 and any other LNG projects in the future should be designed to accommodate more local content in the fabrication of facilities.
According to the statement by the NNPC spokesman, Mr. Ndu Ughamadu, on Tuesday in Abuja, Baru noted that the Train 7 project was in line with NNPC’s vision of prioritizing the use of natural gas to the greater benefit of Nigerians.
“Apart from being 49 percent shareholder in NLNG, we are more interested because it will enhance the development of gas in the country. Bringing the gas to this Train 7 would involve a robust gathering system that will connect trunk lines from offshore to the hinterland, looking beyond NLNG to domestic market, which will open up a flexible system that allows us to swing gas either way, depending on need.
“This implies that if NLNG is not running, the gas meant for it can be sent to the local market, and when the local market has difficulty in getting the gas consumed, same can be sent back to NLNG.
The report by Nigeria’s Nation newspaper on Wednesday said Baru stated that the NNPC’s 49 percent share in the NLNG meant more dividends to the corporation and advised the NCDB to make room for more Nigerian Content in subsequent LNG projects.
The GMD called on other partners in the project to obey the rules of engagement.
“My fellow shareholders please let us continue to provide the necessary support that NLNG as a company requires and always remain compliant with what we are signing today,” he said.
In his speech at the event, the NLNG Managing Director/CEO, Mr. Tony Attah, expressed gratitude to the management of the NNPC for its roles in seeing the project to this critical stage.
In his remarks, the Executive Secretary of NCDMB, Mr. Simi Wabote, said that NNPC’s presence at the signing ceremony was an indication of the corporation’s commitment to ensuring that the Train 7 project gets to Final Investment Destination (FID) this year as projected.