President Muhammadu Buhari has flagged off the construction of the Nigeria Liquefied Natural Gas (NLNG) ‘train 7’ project located in Bonny, Rivers State.
Gatekeepers News reports that the president at the groundbreaking ceremony on Tuesday congratulated the NLNG and its shareholders for proving a Nigerian company that can operate a world-class business.
He further charged stakeholders to collaborate to ensure the Train 7 project is completed safely and on time.
He said the focus of his administration was to boost the development of Nigeria’s abundant gas resources, strengthen the gas value chain, develop the most needed infrastructure and enhance safe operations in the sector as outlined in the national gas policy of 2017.
According to a statement issued by Special Adviser to the President on Media and Publicity, Femi Adesina, the President emphasised that the speedy and safe delivery of Train 7 would encourage the timely take-off of the Train 8 project.
”As we flag off the Train 7 project today, I look forward to the development and execution of more gas projects by the International Oil Companies (IOCs) and indigenous operators, and more Trains from Nigeria LNG to harness the over 600 trillion cubic feet of proven gas reserves we are endowed with.
”Let me use this opportunity to commend the shareholders of NLNG, the Federal Ministry of Petroleum, NNPC and the NCDMB and other stakeholders for very exemplary collaboration which has culminated in this great opportunity for Train 7.
”I want to thank the foreign investors for the confidence reposed in Nigeria, and assure all Nigerians and potential investors in the Oil and Gas sector that the Federal Government will continue to create the enabling environment in order to develop the sector and bring the full benefits of Gas closer to our people,” he said.
Praising the consortium for clearly setting the stage upon which Nigeria’s vast gas resources will continue to grow well into the future, the President added that the focus of his administration is to boost the development of Nigeria’s abundant gas resources, strengthen the gas value chain, develop the much-needed infrastructure and enhance safe operations in the sector as outlined in the National Gas Policy of 2017.
“Through a decade of gas initiative which I recently launched, we will transform Nigeria into a natural gas and Industrial nation with gas playing the key role and revenue earner,” he added.
Present at the occasion are the Deputy Governor of Rivers State, Minister of State for Petroleum, Group Managing Director of the NNPC, Managing Director of the NLNG, Chairman, Board of the NLNG among others.