Nigeria Daily News: Brass LNG Takes Off First Quarter Of 2013

Brass LNG Takes Off First Quarter Of 2013
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Staff on 07/09/2012 20:00:00


THE Chairman of the Board of Brass Liquefied Natural Gas, Dr. Jackson
Gaius-Obaseki, has expressed hope that the project would take-off on or before
the end of the first quarter of next year.
Gaius-Obaseki, who disclosed this when the board and management of the Brass LNG
visited the governor of Bayelsa state in Yenagoa, said that the final investment
decision (FID) would be taken soon, even as he called on all stakeholders to
collaborate effectively to achieve this target.
In his presentation, the Managing Director of BLNG, Mr. Lorenzo Di Lorenzo said
contracts for the construction of Gas Trains Engineering and Procurement,
Onshore and Offshore works, including loading facilities have been awarded to
Bechtel.
Lorenzo listed the shareholders of BLNG to include NNPC (49 per cent), Eni (17
per cent), Conoco Philips (17 per cent) and Total (17 per cent).
The Managing Director noted that the project when operational, will not only
provide sustainable development for local communities in the Niger Delta, but
also complement Federal Government’s gas flare-down policy and buy into global
Kyoto Protocol Objectives.
According to him, BLNG has so far trained over 125 technicians at the Petroleum
Training Institute, Effurun, Warri in Delta State, built a community information
centre and a health facility at Twon-Brass as part of its corporate social
responsibility.
While calling for support from all shareholders, Lorenzo suggested that a team,
to be led by the Chairman and GMD of BLNG, will meet with the Minister of
Petroleum Resources with the aim of resolving all outstanding upstream and
downstream related issues.