NLNG Train 7 Project To Begin 2021/2022

Nigeria LNG Limited (NLNG) Train 7 Project

The NLNG Train 7 project is an expansion programme of their 6 train plant to a seventh. Which will increase production capacity by 35% from the current 22 Million Tonnes Per Annum (mtpa) to 30mtpa.

Benefits of the Train 7 Project

The Train 7 Project means growth for the Nigerian oil & gas industry. Over USD10 billion is expected to be invested in Train 7 and the upstream scope of the LNG value chain which will open up new development opportunities in the industry and boost Nigeria’s Foreign Direct Investment (FDI) profile as well as the confidence of foreign investor.

The Project is anticipated to create more than 12,000 new jobs during the construction stage, and on completion, it will help to further diversify the revenue portfolio of the Federal Government. It will also increase its tax base.

The Project will also support the development of local engineering and fabrication capacity.

Journey Map So far and contractors

JULY 2018:

The Signing of the Front End Engineering Design (FEED) with two consortia in a Dual FEED Process. 
Guaranty Trust Bank of Nigeria and Sumitomo Mitsui Banking Corp. (SMBC) appointed as Financial Advisers for the Project. 

MARCH 2019: 

NLNG and Nigerian Content Development Monitoring Board (NCDMB) signed off an approved plan for Nigeria Content (NC) for NLNG’s Train 7 Project.

SEPTEMBER 2019:

NLNG issued a Letter of Intent for the Engineering, Procurement and Construction (EPC) Contract of the Project to SCD JV Consortium. 
SCD JV Consortium is made up of Saipem of Italy, Japan’s Chiyoda and Daewoo of South Korea.

DECEMBER 2019:

NLNG’s shareholders took the Final Investment Decision (FID) for its Train 7 Project in Abuja.

MAY 2020:

NLNG awarded the Engineering, Procurement and Construction (EPC) Contracts for its Train 7 Project to the SCD JV Consortium, comprising affiliates of Saipem, Chiyoda and Daewoo.​​​​

JUNE 2021:

The President of the Federal Republic of Nigeria, Muhammadu Buhari, GCFR, flagged off the construction of Train 7 project during the groundbreaking ceremony on Bonny Island.​

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