NLNG Alumni Hails FID Decision

Nigeria LNG Limited’s Alumni Association has hailed the Final Investment Decision (FID) the on NLNG’s Train Seven project. According to the association with this long-awaited decision, Nigeria would soon become the world’s third biggest supplier of liquefied natural gas.

In a statement, the Chairman of NLNG Alumni Association Board of Trustees, Mr. Grant Akata and the Chairman of the association’s interim management committee, Mr. Kayo de At and a, said the decision by N LNG shareholders is a strategic door opener for stronger Nigerian economy as it will create jobs and bring foreign investment into the country.

“Building on the previous six trains, this important step will increase NLNG’s production capacity from 22 million metric tons (MTPA) yearly to 30 million MPTA, bring into the country about $10billion in foreign investment and create over 10,000 jobs during construction,” they said.

The association congratulated the federal government, N LNG shareholders and the management and staff of the company on this major milestone.

The association also thanked the current management team of N LNG led by Mr. TonyAttahandMr. Sadeeq Mai-B or nu for their efforts in achieving the Train 7 project F ID and thus ensuring that the labour sand contributions of its members towards the progress of the company did not go in vain.

Members of the association pledged their willingness to continue to support the company in its efforts to monetise Nigeria’s abundant natural gas and to end gas flaring in the Niger Delta region.