Engineer Simbi Wabote, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) has said that the execution of Nigeria Liquefied Natural Gas (NLNG) Train 7 will create 40,000 direct and indirect jobs in Nigeria.
The Executive Secretary made this statement on Wednesday when he signed the Letter of intent (LOl).
The LOl is for the Train 7 Engineering Procurement and Construction (EPC) Contract between NLNG and the preferred consortium, namely Saipem, Chiyoda and Daewoo (SCD).
The delivery of the project from detailed design, construction and commission will attract almost $7billion plus upstream scope of $10billion.
“Train 7 project will move from Front End Engineering Design (FEED) to detailed design, construction, commission and delivery and this phase will attract almost $7billion with an addition of the upstream scope of $10billion which will boost the foreign direct investment profile of Nigeria”, the Managing Director of NLNG, Engineer Tony Attah said.
However, Engr. Simbi also said that the Minister of Petroleum, Chief Timipre Sylva has urged stakeholders engaged with NLNG to finish the work on time.
The Managing director of NLNG also vowed that the company is committed to achieve the project within four to five years.