NLNG Train 7: Buhari Urges Speedy Delivery ‘So Work Can Start On Train 8’

President Muhammadu Buhari, on Tuesday,  called for cooperation of relevant stakeholders toward speedy delivery of the NLNG Train 7 project. 

Buhari wants the project to be delivered on time so that construction can commence at Train 8. 

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The project, which is aimed at further monetisation of Nigeria’s vast but underutilised natural gas reserves, is expected to be expanded up to 15 trains.

Buhari, during the groundbreaking, noted that Nigeria’s crude oil reserves were “little” when compared to its liquefied natural gas deposits. 

The president performed the groundbreaking of the $10 billion project via a video conference from the Presidential Villa, Abuja. 

The project, which is expected to create 12,000 direct jobs, was described as “a very important project and milestone in our oil and gas sector” by the president. 

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In his presentation, President Buhari said his administration would continue to work for Nigeria’s progress. 

He hoped that the citizens would “judge us fairly” at the end of his 8-year two tenures in office. 

“Today I performed the groundbreaking for a very important project and milestone in our oil and gas sector, the Nigeria LNG Train 7 project; a project I have been passionately associated with for a long time, since the formative years of the LNG project,” Buhari said in a Facebook post. 

“As Minister of Petroleum Resources in 1978, I kicked off Nigeria’s first foray in the LNG Business. We have not looked back since then, and I am delighted that we have reached yet another milestone today, under my watch. 

“There is no doubt that Nigeria is much more than an Oil-producing country; what we are is in fact a Gas-Rich country with a little Oil, and our proclamation of this decade as the Decade of Gas is in line with our commitment to fully explore the abundant potentials of Gas for the development of our country. 

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“We will continue to deliver on and enable transformational public and private sector projects of this nature to the people of Nigeria,” he said. 

President Buhari noted that NLNG, a joint venture between the Nigeria National Petroleum Corporation (NNPC) and Royal Dutch Shell, ENI and Total, has earned $114 billion in revenues over the years. 

He said the company had also paid $39 billion in taxes and $18 billion in dividends to the federal government. 

“I hereby urge the board of directors, management and staff, host communities, the Rivers State government and agencies of federal government to continue to collaborate to ensure completion and commissioning of the Train 7 project safely and on time, so work on Train 8 can start,” said Buhari. 

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