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NNPC Boss Urges NLNG Mgt On New Investment Drives

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari,  has urged the management of the Nigerian Liquefied Natural Gas (NLNG) to look beyond the planned execution of the much awaited Final Investment Decision on Train-7 billed for October, 2019, by exploring new investment opportunities in the upstream sector of the oil and gas industry

Kyari gave the advice when he hosted a top-level NLNG management team, led by its Managing Director, Tony Attah, to the NNPC Towers in Abuja.

Specifically, he challenges the management to consider the October Train-7 FID on the project as a done deal, pointing out that the management’s focus should be on “what else can we do beyond Train7 to expand NLNG operations’’.

The NNPC  boss assured the team of the corporation’s and government’s commitment to the future expansion drive of NLNG, adding that the NLNG’s management should identify and address all problems that could impede the actualization of the Train-7 FID project before the  October 2019 timeline.

In his presentation, the NLNG Managing Director commended the corporation’s roles in the successful flag off of NLNG operations several years ago through sheer vision and sense of purpose.

Attah maintained that the company would be relying on the corporation’s continued support in order to ensure the successful execution of the Train-7 FID project, amongst others, in the years ahead.

He projected that the execution of the Train-7 FID project would generate about 12,000 jobs which would further impact positively on the nation’s economy.

The 8 Million-Tones Per Annum (MTPA) Train -7 project when executed is designed to expand the company’s production capacity from the current 22 MTPA to 30 MTPA.

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