NNPC woos investors for NLNG train 7

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment towards harnessing Nigeria’s abundant resources for the benefit of Nigerians.

It’s Group Managing Director Malam Mele Kyari said this while speaking at a Gas and Power Breakfast Briefing on the sidelines of the Gas Technology Exhibition and Conference (GASTECH) held in Houston, U.S. Kyari in a statement by Mr Ndu Ughamadu, the spokesman for the corporation said “Nigeria is more of a gas nation than oil and for us, gas is the future.

The GMD said that the NNPC was working very hard to provide adequate capacity that would meet consumers’ demands even as it was upgrading its facilities to be able to meet up with demands both locally and abroad. He said granting the imperative for more transparency and accountability, the corporation had a deliberate policy to improve and automate its systems and processes.

Attah observed that for the country to stay competitive in terms of cost in the global LNG market, there was the need for NLNG’s shareholders to think beyond NLNG Train 7. He said the company was on track on attaining the Final Investment Decision (FID) on Train 7, which would see its production rise from 22mtpa to 30mtpa. “In the next month or so, we should be able to conclude on the FID for Train 7,” Attah assured investors at the Conference.

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