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Nairaland Forum / Nairaland / General / Investment / Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG (10941 Views)
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Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by Islie: 3:42pm On Dec 29, 2016 |
• Cost of Brass project, gas trains scaled down Ejiofor Alike http://www.thisdaylive.com/index.php/2016/12/29/investors-meet-in-january-on-brass-lng-uncertainty-looms-over-oklng/ lalasticlala 3 Likes |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by INTROVERT(f): 4:13pm On Dec 29, 2016 |
An official of one of the shareholders, who spoke to THISDAY on the condition of anonymity, maintained that the Brass LNG project remained on course and blamed the delay in signing the FID to the absence of political will on the part of the Goodluck Jonathan administration and what he called the protracted withdrawal of ConocoPhillips from the project. Babas body language should have put the deal back on track or maybe he worsened it by being oil minister himself..... Who knows? 2 Likes |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by MrPresident1: 4:14pm On Dec 29, 2016 |
Make dem sell am naw white elephant project everywhere |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by SexyNairalander: 4:15pm On Dec 29, 2016 |
booked |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by iyzeek(m): 4:15pm On Dec 29, 2016 |
.. |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by sheedy407(m): 4:15pm On Dec 29, 2016 |
Hope is not propaganda? We need results |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by Nobody: 4:15pm On Dec 29, 2016 |
is deir biz ooo |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by cnnamoko(m): 4:15pm On Dec 29, 2016 |
Even buhary dey do olx |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by itskings1: 4:16pm On Dec 29, 2016 |
[follow me on ig : itskings9 Tw @ itskings9 Tbh , you expect me to read all this the guy above me has said sometin
|
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by sko(m): 4:17pm On Dec 29, 2016 |
. |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by ndcide(m): 4:17pm On Dec 29, 2016 |
When you see a report that is all about politics, you'll easily know. |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by Sirjohn84(m): 4:18pm On Dec 29, 2016 |
Fingerz crossed watching with my bittercola |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by Realdeals(m): 4:20pm On Dec 29, 2016 |
It is obvious that the immediate past administration left Nigeria on the brink. 4 Likes 1 Share |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by Inception(m): 4:21pm On Dec 29, 2016 |
Nigeria! Na wa. Even what gives us the ability to breathe, we cannot sustain! I keep on saying this :It easy to plant apples in Planet Venus than for any viable business to survive the economic and climate of Nigeria! Why do we keep on doing this to ourselves? BTW, what is Buhari doing as the Minister of petroleum? that man should get out that position and give free hand to Kachikwu for Christ sake! |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by three: 4:22pm On Dec 29, 2016 |
Realdeals: Excuse me but 19 months later and Nigeria is still on 'the Brink' APC spent fifteen years to come up with this misfit government? 10 Likes |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by Nobody: 4:27pm On Dec 29, 2016 |
Na only problems we dey hear. When you people are sharing the money we are not informed. |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by chimhigher(m): 4:29pm On Dec 29, 2016 |
Tales by moonlight |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by sakalisis(m): 4:29pm On Dec 29, 2016 |
Ok |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by oduastates: 4:30pm On Dec 29, 2016 |
Realdeals: Yep. Than Jonathan was a mistake of the highest order. He could easily have built 5 of those with the kinds of money Nigeria made with a lot of change to spare 1 Like 1 Share |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by bonechamberlain(m): 4:33pm On Dec 29, 2016 |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by OkoYibo: 4:34pm On Dec 29, 2016 |
INTROVERT: If GEJ had done what was required of him the project would have been completed. If that project had been completed, by now, you might have had a job. If you had a job, you won't be coming online, fighting for FTC and advertising your foolishness for the world to see. You clearly saw that it was the impotence of GEJ that stalled the project and you're here, calling Bubu like a baby deprived of motherly care and shining teeth like the head of a roasted goat. 4 Likes 2 Shares |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by INTROVERT(f): 4:45pm On Dec 29, 2016 |
OkoYibo: Lol |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by Nobody: 5:03pm On Dec 29, 2016 |
Watching Whenever ignorant people write articles they usually quote "anonymous" sources to back up frivolous claims that have no standing with the reality on ground Not everything is a GEJ or PMB issue 1. Conocophilips began this investment in 2006. The deals were negotiated by Obasanjo 2. Conoco decided to scale back their foreign operations globally for reasons best known to them in 2010. This affected many countries including Nigerian, Algerian and even canadian projects. 3. In Nigeria, they announced they were pulling out in 2013 but still refused to pull out completely. Nigeria's LNG was a huge market an investors flocked to buy it including Japan LNG who knew Brass LNG would be a big competition if they start 4. Conoco revised their withdrawal timeline again to 2014 as they were having second thoughts about pulling out. Most of the investors were discouraged by the delay and the drop in crude oil price at that period 5. They completely pulled out in 2015. The project was one of the first GEJ applied local content laws to a maximum. They had even trained a lot of street people. Many I knew personally. A lot of the FEED was done in Nigeria as against previous governments tactics were everything including the designs is done abroad 6. The Conoco delay caused the FID from being signed with new investors. Gej didn't fight conoco for many reasons one being they had a US government(obama) that was already fighting him on other issues 7. The current government inherited the whole quagmire and have been waiting it out. If you want to blame someone blame the government that negotiated a bad deal in the first place making it difficult for another government to force Conoco out 15 Likes 1 Share |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by SmellingAnus(m): 5:24pm On Dec 29, 2016 |
INTROVERT:just felt like asking... Are you from Brass? |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by SmellingAnus(m): 5:25pm On Dec 29, 2016 |
Are there Brass folks on Nairaland |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by deflover(m): 5:30pm On Dec 29, 2016 |
Lies so they can sell it as planned |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by Abbeyme: 5:33pm On Dec 29, 2016 |
So much talk |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by Nobody: 5:36pm On Dec 29, 2016 |
.. These are the sort of issues that should be debated during election periods. Instead we fill our politics with ethnic and religious extremism at all levels senate and presidential elections policy direction should have addressed these major problems and government stances on them 1 Like |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by ephi123(f): 5:41pm On Dec 29, 2016 |
Realdeals: Very true. And the current administration is now tipping Nigeria over the brink completely. 3 Likes 1 Share |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by Kulas: 6:03pm On Dec 29, 2016 |
I am Pro GEJ,but he fall my hand over this project.Agreed that Conocophilips were considering pulling out but no matter what GEJ and Diezani were President and minister of petroleum respectively and both are from Bayelsa the location of Brass LNG.Atimes I ask myself if these two persons did not use everything within them and sign the FID,who then will fight for signing it? Is it PMB. We are watching.I know Brass LNG is in the home town of Timipre Silva who is a political enemy to GEJ,but can such be d reason GEJ fail to fight hard and get Brass LNG FID signed?.I don't know. |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by Nobody: 6:28pm On Dec 29, 2016 |
ok o |
Re: Investors Meet In January On Brass LNG, Uncertainty Looms Over OKLNG by DaudaAbu(m): 9:51pm On Dec 29, 2016 |
Is it that ondo state haa a way of not seeing refinery or gas or bitumen project to fruition in their domain? Dangote refinery waa supposed to be sited at ondo state but for one reason or the other it was moved to lagos Now Olokola LNG was supposed to be between Ondo and ogun state but somehow they also lost it to brass in Bayelsa What is happening? |
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