NLNG Train 7 project, game changer for gas utilisation- IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the Nigeria Liquefied Natural Gas (NLNG) ‘Train 7’ project, is a game changer for gas utilisation Nigeria.

IPMAN’S President, Mr Chinedu Okoronkwo, made this known an interview the News Agency of Nigeria (NAN) on Thursday Lagos.

NAN reports that President Muhammadu Buhari on Tuesday performed the ground breaking of the Train 7 project construction, as part of efforts to transform Nigeria to a gas-powered economy by 2030.

Okoronkwo said IPMAN was delighted the vigour the Federal Government was deploying actualising the National Gas Policy of 2007.

“We are very that the Train 7 project is moving toward becoming a reality the ground breaking conducted on Tuesday by the President.

“The project is a game changer it will play a critical role the utilisation of Nigeria’s abundant gas resources for national development,” he said.

Okoronkwo further noted that the project would create job opportunities for young Nigerians Engineering, and construction as well as boost local capacity the oil and gas industry.

He said the declaration of Year 2021 to Year 2030 as the “Decade of Gas Development” by the government would also be given a boost by such projects.

Okoronkwo reiterated that IPMAN would continue to efforts to deepen gas utilisation the country.

He said: “We (IPMAN) have a collaboration pact Petroleum Equalisation Fund on how to help marketers distribute gas to the nooks and crannies of the country.

“The deal entails funding and co-location of mini-depots existing facilities and suitable locations owned by IPMAN members.

“The target is to set up 100 plants each Lagos, Kano, Port Harcourt and Enugu and 50 each other states under the first phase.”

NAN reports that the Train 7 project will ramp up NLNG’s production capacity by 35 per cent from 22 million MTPA to around 30 million MTPA.

The project is anticipated to create about 12,000 jobs and an additional 40,000 indirect jobs. (NAN)