The President, Major General Muhammadu Buhari has inaugurated the construction of the Nigeria Liquefied Natural Gas train 7 project and charged the company to ensure its timely completion.
He said, “As we flag off the Train 7 project today, I look forward to the development and execution of more gas projects by the International Oil Companies and indigenous operators, and more trains from Nigeria LNG to harness the over 600 trillion cubic feet of proven gas reserves we are endowed with.
“As Minister of Petroleum Resources, I kicked off our first foray in LNG Business in 1978. At that time, it was already apparent that Nigeria was mainly a gas-rich country with a little oil.” Sylva added that since the NLNG became operational in 1999, the nation had recorded a drastic reduction in operational flare status from 65 per cent to 12 per cent.
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