Oil & Energy
NLNG Offers 55% Of Procurement For Train 7 Execution To Nigerians
Managing Director, Nigerian Liquefied Natural Gas (NLNG) Mr Tony Attah, says that 55 per cent of all procurement for execution of the Train 7 project would be undertaken by Nigerian vendors.
Attah disclosed this at the just concluded 3rd Nigeria International Petroleum Summit (NIPS) in Abuja.
The theme of the summit is: “Widening The Integration Circle: Technology, Knowledge, Sustainability Partnership’’.
He said, “The very quick wins from Train 7 project for Nigeria is the creation of jobs for our teeming youth, netting up to 12,000 direct jobs at the construction phase and the associated skills acquisition through technology transfer.
“Riding on the back of a robust Nigerian Content plan endorsed by the Nigerian Content Development Monitoring Board (NCDMB), 55 per cent of the engineering activities for Train 7 will be carried out in-country
“Fifty-five per cent of all procurement for execution of the project will be undertaken by Nigerian vendors.
“100 per cent of the installations and construction will happen in Nigeria and the entire project will attract huge foreign direct investment to the Nigerian economy.”
Represented by the General Manager, Production, Mr Adeleye Falade, he said that other benefits of train 7 included the emergence of upstream and other associated projects that would bolster the economy.
“With conversations like the ones we are having here at NIPS, there is no doubt that we can all build synergies that should propel Nigeria LNG to sustain its winning streak and support the emergence of new LNG suppliers in the country and the continent at large,” he said.
“Our motivation to build and operate Train 7 is heightened by the proven success recorded by Nigeria LNG in the past 20 years of operation,’’ he said.
On hazards, he said that at the current state the company had significantly reduced the environmental hazards arising from gas flaring.
“To date, the company has converted about 191.5bcm (billion standard cubic metres) or 6.8cf (trillion cubic feet) of Associated Gas (AG) to Liquefied Natural Gas (LNG) and Natural Gas Liquids (NGLs),’’ he said.
According to Attah, the feat has reduced gas flaring by Upstream Companies from over 60 per cent.
“ln the past 20 years, Nigeria LNG has resiliently maintained top rating as a significant player and the 5th major supplier of global LNG with the export of over 4,500 LNG cargoes delivered safely worldwide.
“The addition of Train 7 to our current six-train plant will add another eight million metric tons of LNG to the current sustained 22 million metric tons production capacity of our plant.
That, he said, would keep Nigeria prominently on the list of the top 7 suppliers of global LNG.
“This is an enviable position for an African country to achieve in the face of our evolving technological advancement on cleaner energy,” he added
He noted that Nigeria’s growing response to the demand for cleaner energy sources to power the world had accentuated the critical role that the premium crude oil and natural gas resources played in that space.
He noted that the focus of this year’s conference was a pointer to the fact that Nigeria and Africa continent were conscious of the need to strategically harness all those elements.
“They will certainly give us an edge to maximally benefit from the volatile and highly competitive global energy sector,” he added. (NAN)
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Delta Targets 120MW Power Boost, Moves To Cut Reliance On National Grid
The State Commissioner for Works (Rural Roads) and Public Information, Charles Aniagwu, disclosed this at a press conference in Asaba, weekend, noting that the initiative was part of wider reforms aimed at opening up the power sector to private investors.
Aniagwu, who was accompanied by the Executive Assistant to the Governor on New Media, Felix Ofou, said the state was exploring alternative sources of electricity to support businesses, households and communities while reducing pressure on the national grid.
He said the government was particularly interested in exploiting Delta’s abundant natural gas resources for power generation, pointing to the Kwale Free Trade Zone, which is part of the state’s special economic zone, as a major opportunity for investors.
According to him, prospective investors were taken to the zone during the state’s recent economic summit to enable them to assess the availability of gas as a key raw material for electricity generation. ComparePower Rates
The commissioner explained that generating more electricity locally would not only increase supply in Delta but also free up power on the national grid for use by other consumers.
Aniagwu cited the 8.5MW Independent Power Plant located behind the state secretariat in Asaba as an example of what could be achieved through alternative power sources.
He said the facility had enabled the secretariat complex to operate independently of the national grid, thereby making the electricity that would otherwise have been consumed there available to other users.
He added that the planned 120MW partnership with Supply Power would further strengthen the state’s electricity supply capacity and provide a more reliable power base for small and medium-sized enterprises.
Aniagwu said the state government was also intervening in areas traditionally regarded as the responsibility of electricity distribution companies because inadequate power supply could no longer be allowed to constrain economic development. LearnQuantum Physics
He identified the extension of the electricity grid from Abraka towards the Ndokwa axis as one of the interventions being undertaken to connect more communities to electricity.
The commissioner, however, raised concerns over the burden placed on communities that are often required to provide transformers and other electricity infrastructure, only for distribution companies to take over the facilities and subsequently collect electricity bills without adequately accounting for the investments made by the communities.
He said the state would continue to support efforts aimed at energising communities, noting that improved electricity supply would stimulate businesses, create jobs and help tackle social problems associated with unemployment and idleness.
On regulation, Aniagwu said the government was working with the Ministry of Energy and a committee set up to develop an appropriate regulatory framework for the state’s emerging power sector. SwitchEnergy Plans
He said the proposed energy commission would be responsible for regulating new electricity producers, determining appropriate tariffs and overseeing distribution networks.
The commissioner stressed that liberalising the sector required effective regulation to protect consumers and investors, adding that decisions on power distribution infrastructure, including the use of overhead or underground lines, must take into account the peculiarities and safety requirements of each location.
He warned that power expansion without adequate regulation could expose residents to electrocution and other hazards, stressing the need to protect electricity infrastructure while ensuring consumers were not subjected to unfair pricing.
Aniagwu said the state government’s broader objective was to build an efficient and sustainable electricity market driven by private investment and capable of powering businesses, households and communities across Delta State.
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