•NNPC ready for trains eight to 12, says Kyari
Deji Elumoye, Emmanuel Addeh in Abuja and Peter Uzoho in Lagos
President Muhammadu Buhari has asked stakeholders in the Nigerian LNG’s $10 billion Train 7 to collaborate towards ensuring the timely completion of the project.
The president said yesterday at the virtual groundbreaking ceremony of the project in Bonny Island, Rivers State, that the speedy and safe delivery of Train 7 would encourage the timely take-off of the Train 8 project.
Train 7 is expected to add eight million tonnes of gas supply to the existing 22 million tonnes and rev up production by about 35 per cent.
The project is expected to attract $10 billion in Foreign Direct Investments (FID), yield $20 billion to the federation, and create 10,000 direct jobs and 40,000 indirect jobs, while 55 per cent of the engineering work is to be carried out in Nigeria.
In addition, 55 per cent of all procurements for the…
Source: Thisday Newspaper
