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Wabote Highlights Benefits Of NLNG Train 7

The Executive Secretary of the Nigeria Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote, has reiterated that the upcoming Nigerian Liquefied Natural Gas (NLNG) Train 7 will have significant impact on the Nigerian economy and the oil and gas industry in particular.

The Final Investment Decision (FID) on the long awaited projected is expected to be taken before the year runs out.

Speaking at the just concluded 2019 Practical Nigerian Local Content in Yenagoa, Bayelsa State, Wabote said the project would bring more revenue to the country through taxes as well as creation of 10,000 direct jobs which …

Wabote Lists Benefits Of NLNG Train 7

The Executive Secretary, Nigeria Content Development and Management Board (NCDMB), Mr Simbi Wabote, has said the upcoming Nigerian Liquefied Natural Gas (NLNG) Train 7 will boost revenue generation.

Wabote gave the assurance in an interview with the News Agency of Nigeria (NAN) at the just-concluded 9th Practical Nigeria Content Forum in Bayelsa on Saturday.

NAN reports that NLNG would take Final Investment Decision (FID) on Train 7 before Dec. 31st.β€œTo the Nigerian economy, as you are aware, it will bring more revenue to the country; more taxes would be paid and, to the economy, it means a lot.