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From Femi Folaranmi, Yenagoa
The leadership of the Nigerian Content Development and Monitoring Board (NCDMB) and the NLNG Ltd have reaffirmed recommitment to deepen the existing close collaboration between the agencies, towards enhancing in- country value addition from operations of the gas processing and marketing company, for the benefit of the Nigerian economy.
This renewed commitment was made on Wednesday when the Managing Director and Chief Executive Officer of NLNG, Engr. Adeleye Falade paid a courtesy visit to the Executive.
Secretary, NCDMB, Engr. Felix Omatsola Ogbe.
Speaking during the visit, Falade said the company remains focused on deepening Nigerian Content, strengthening indigenous capacity, and retaining greater in-country value across its gas value chain.
He confirmed that the ongoing construction of its Train 7 project had reached 90 percent and pre-commissioning activities had started.
According to him, plans are afoot to commission the new facility in 2027 and increase NLNG’s overall production capacity by 35 percent.
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He expressed delight that the Train 7 project had created direct employment opportunities for 16,000 persons on the site, reducing insecurity and positively impacting the nation’s socio-economic stability.
“NLNG values its relationship with NCDMB and remains fully committed to the shared goal of strengthening Nigerian Content in the oil and gas industry. As a major player in Nigeria’s gas sector, we recognise our responsibility to support indigenous capacity, grow local supply chains, and ensure that our activities continue to deliver meaningful value to the Nigerian economy,” Falade said.
In his response, Ogbe, while congratulating Falade on his appointment, promised that NCDMB would support him to succeed in his role.
He restated that NCDMB and NLNG share a relationship that is beyond regulator and operator, recalling how the Board and NLNG in June 2017 signed the first of its kind Service Level Agreement (SLA) on Nigerian Content project approval timelines and compliance, which later became a template for the oil and gas industry.
Ogbe further charged NLNG to enhance its support for the Brass Shipyard project, which is the capacity development initiative (CDI) on the Train 7 project.
He commended the company for collaborating with NCDMB on the project, which will establish a drydock facility, a key oil and gas infrastructure that will benefit from NLNG’s business as well as the entire country.
