Dickson Expresses Commitment to Actualise Brass LNG Project

Holds crucial meeting with top executives in Lagos

In line with his campaign promise to continuously attract investments to Bayelsa State, Governor Henry Seriake Dickson has swiftly moved to actualise the $20 billion Brass LNG project in the state.

In an interaction with Dr. Jackson Gaius- Obaseki, the Chairman Board of Directors of the Brass LNG project in Lagos on Tuesday, Dickson declared the total commitment of the state government and good people of Bayelsa State to bring the project to fruition in the shortest possible time.

The governor said the government would do everything possible to ensure that the project stays on course. As part of his commitment to the project, the Governor said Bayelsa State Government has already allotted an office space to Brass LNG at the Investment Towers in Yenagoa to facilitate the sharing of investable information.

Aside opening up the state and boosting the state economy, the governor believes the Brass LNG project, when completed would also help to quicken his government’s vision of taking Bayelsa State to the world and bringing the world to the state!

“I am passionate about the Brass LNG project because it will boost the Bayelsa economy and the Niger Delta in general by creating jobs for over 18 thousand people at the peak of construction alone, for the project also has licenses for Seaport, Airport and Free Trade Zone. The provision of job opportunities will engender development in the region, reduce youth restiveness, crime and above all, build peace amongst communities. The multiplier effect of all of these is that, the Brass LNG project will complement our vision of taking Bayelsa State to the world and bringing the world to Bayelsa State.’’

A statement signed on Tuesday by the Commissioner for Trade, Industry and Investment, Kemela Okara, noted that the governor promised to collaborate and partner the federal government to create the enabling environment and provide the needed political will for the successful take-off of the project within the shortest possible time.

The project was initiated in December 2003 and has NNPC, ENI and Total as shareholders.

One of its founding shareholders, Conoco-Phillips, divested its shares in 2014 due to a global rationalisation of its investment in Africa.

The project has the capacity of producing about eight million metric tonnes of LNG of two trains per annum.