4 months ago
5
The chairman of the House of Representatives Committee on Petroleum Resources Downstream, Hon. Ikenga Imo Ugochinyere, has expressed his confidence in Dr. Philip Mshelbila, CEO of Nigeria Liquefied Natural Gas (NLNG), over the timely completion of the highly anticipated Train 7 project, which will help to boost sustainable downstream energy security and economic gains.
Speaking on the sidelines of an Energy Retreat held in Abuja, Hon. Ugochinyere also called for increased investment in NLNG and commended the company’s management and board for their exemplary leadership, which has contributed greatly to Nigeria’s downstream sector.
The lawmaker stated that their track record and commitment to excellence were evident in NLNG’s consistent performance and strategic initiatives, which have greatly boosted Nigeria’s revenue and employment generation.
According to him, the Train 7 project is a significant expansion of NLNG’s production capacity, set to increase output by 35%, from 22 million tonnes per annum (MTPA) to 30 MTPA.
Beaming with excitement that the ambitious project is expected to generate over 12,000 direct jobs and 40,000 indirect jobs, further solidifying NLNG’s role in Nigeria’s downstream
economic development and increased gas utilisation, Ugochinyere added that the timely completion of Train 7 was crucial for Nigeria’s energy sector and economic growth.
The lawmaker said, “I have full confidence in Dr. Philip Mshelbila and his team to deliver the Train 7 project on schedule. Their track record and commitment to excellence are evident in NLNG’s consistent performance and strategic initiatives. The Train 7 project is a significant expansion of NLNG’s production capacity, set to increase output by 35%, from 22 million tonnes per annum (MTPA) to 30 MTPA. This ambitious project is expected to generate over 12,000 direct jobs and 40,000 indirect jobs, further solidifying NLNG’s role in Nigeria’s economic development. The timely completion of Train 7 is crucial for Nigeria’s energy sector and economic growth. It will not only enhance our LNG production capacity but also create numerous job opportunities and contribute significantly to our foreign exchange earnings.
“The management and board of NLNG have demonstrated remarkable leadership and are worthy of emulation. Their dedication to operational excellence and sustainable growth has positioned NLNG as a global leader in the LNG market. Investing in NLNG is investing in Nigeria’s future. The government and private sector must collaborate to provide the necessary resources and support to sustain NLNG’s growth trajectory. As Nigeria navigates its energy and economic challenges, the successful completion of the Train 7 project and the continued excellence of NLNG’s leadership are critical to the nation’s progress.”
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