The Minister of State for Petroleum Resources, Timipre Sylva, has revealed that the construction phase of Train 7 project will now commence after the engineering, procurement and construction contracts for the project was finally awarded by the Nigerian LNG Limited (NLNG) to two Asian companies and an Italian firm.

The NLNG awarded the engineering, procurement and construction contracts to SCD JV Consortium; a firm comprising Saipem of Italy, Japan’s Chiyoda and Daewoo of South Korea, a statement seen by Allnews disclosed. Although, NLNG had issued a Letter of Intent for the EPC contracts to SCD JV Consortium in September 2019, the new development was announced on Wednesday during a Webinar.

Why the Train 7 project matter

The Train 7 project is expected to increase the production capacity of NLNG, which is jointly owned by the Federal Government, represented by the NNPC and three international oil companies; Shell, Total and Eni. The ownership of NLNG is splitted into; NNPC owns 49 per cent, Shell accounts for 25.6 per cent, Total owns 15 per cent and Eni has 10.4 per cent.

It was learnt that the Train 7 project will.... https://allnews.ng/news/nlng-finally-awards-train-7-project-contracts-to-foreign-firms-names-of-companies-revealed

Im tired of this train 7......Bonny people wise up!