THE Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, has said that the execution of the Nigeria Liquefied Natural Gas (NLNG) Train 7 project will generate over 40,000 direct and indirect jobs.
He stated this in Abuja during the signing of the Letter of Intent (LoI) for the Train-7 Engineering, Procurement and Construction (EPC) Contract between NLNG and the preferred consortium- SCD, which is constituted by three entities – Saipem, Chiyoda and Daewoo.
The schedule of the NOGICD Act set the minimum engineering man-hours for FEED and Detailed Engineering on LNG Facility at 50 per cent.
He stated further that the benefits of the Train 7 project will extend to site civil works on roads, piling, and jetties, 100 percent local procurement of all LV and HV cables, non-cryogenic valves, protective paints and coatings, sacrificial anodes and much other direct procurement from local manufacturing plants.
The target is to assemble over 70 per cent of all non-cryogenic pumps and control valves in-country, while other spin-off opportunities include logistics, equipment leasing, insurance, hotels, office supplies, aviation, haulage and many more.
Wabote confirmed that the Minister of State for Petroleum Resources, Chief Timipre Sylva, has charged stakeholders connected with the NLNG Train-7 project to fast track actions related to it.
According to him, “the Minister has this project as one of his focus areas to put an end to the drought of FID’s in the oil and gas industry in the last few years.”
Apart from the job opportunities and the accruable revenues from this multi-billion dollar Train-7 project, the Minister also sees the additional tonnage of LPG to be produced from Train-7 as a key benefit to reduce importation of LPG into the country, he added.
“He is also excited that Train-7 project attracts other upstream gas supply projects required to keep the LNG train busy. The project opens up other development opportunities for some gas fields in the shallow and deep offshore acreages such as HI, HA, HK, and Opoukunou-Tuomo fields” he said.
Wabote charged the SCD consortium to fully implement the agreed Nigerian Content levels as contained in the approved Nigerian Content Plan for Train-7 project, covering engineering, fabrication, civil works, local procurement, project services, logistics, equipment leasing, insurance, hotels, office supplies, aviation, haulage, human capacity development and jobs.