• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Monday, June 2, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Nigerian firms to handle $4b gas project

The Matters Press by The Matters Press
November 23, 2018
Reading Time: 2 mins read
0
Nigerian firms to handle $4b gas project

Oil Refinery

NLNG plant at Bonny Island

The Nigerian Liquefied Natural Gas Limited (NLNG) is to spend $4 billion to develop Train 7 gas project.

RELATED POSTS

CUPP goofs over President Tinubu’s 2027 endorsement by governors

Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling

Tinubu explains mission as he marks second year in office

The project which would be executed by Nigerian companies would commence soon to increase gas production to 30 million tonnes yearly.

The project is designed to improve on the present production of 22 million tonnes per annum (MTPA).

Mr Tony Attah, NLNG’s Managing Director, said on Thursday in Port Harcourt at a public workshop entitled: “Nigerian Content for NLNG’s Train 7 Development.”

According to him, the project will be delivered with full participation of competent Nigerian companies in compliance with the Federal Government’s Local Content Act.

“The project is expected to ramp up the company’s production capacity by 35 per cent from 22 MTPA to 30 million, as soon as a Final Investment Decision (FID) is taken.

“I will like to invite Nigerian companies to please participate in Train 7 – which is the purpose of this workshop,” he said.

The managing director said the company decided to organise the workshop to sensitise local companies to ways to maximise their chances of participation in the project.

“The workshop also opens up opportunities for local companies to play and understand the scope of the project.

“In addition, it creates an opportunity (for companies) to meet the two consortia, B7 JV and SCD JV, that are key players tasked with the Front End Engineering Design,” he said.

Attah said that participation of Nigerian companies in the project was in fulfilment of its agreement with the Nigerian Content Development and Monitoring Board (NCDMB).

Mr Simbi Wabote, Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), commended NLNG for engaging local companies.

He told the companies that local content was not corporate social responsibility or favour given to a company, but engagement that was purely business.

“The Train 7 project will bring about opportunities for utilising local goods and services as well as afford the local companies the prospect to enhance their capacities and capabilities.

“We expect that the project will provide a platform to expand existing businesses and create opportunities for new businesses like the cryogenic space of local capabilities,” he said.

Tags: GasNLNG
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

President Tinubu outlines new economic, monetary, foreign policies
Economy/Technology

CUPP goofs over President Tinubu’s 2027 endorsement by governors

June 2, 2025
Senate probes $3.5b with NNPC
Economy/Technology

Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling

May 30, 2025
Nigerians to own brand new vehicles, goods through new credit scheme initiative
Economy/Technology

Tinubu explains mission as he marks second year in office

May 29, 2025
Chevron, NNPC secure $1.4bn for drilling project
Economy/Technology

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

May 26, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

May 24, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
Economy/Technology

Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

May 22, 2025
Next Post
Boko Haram rattles Nigerian troops

Boko Haram rattles Nigerian troops

Network of killers on check – Buhari

Network of killers on check - Buhari

Recommended Stories

Nigerian Breweries allots 78m shares

Nigerian breweries gives a boost to shareholders

February 18, 2022
IMF raises alarm over Nigeria’s economy, but supports reform efforts

NG-CARES disburses N77.7m to 518 small scale traders in Zamfara

August 10, 2023
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021

World Bank lowers Sub Saharan Africa economic growth to 3.1%

April 8, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • CUPP goofs over President Tinubu’s 2027 endorsement by governors
  • Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling
  • Tinubu explains mission as he marks second year in office

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us