The
In a motion sponsored by Senator Degi-Eremienyo Biobarakuma (PDP, Bayelsa East), he said the project was conceived by the government to convert the huge gas resources being wasted through gas flaring.
He said the idea behind the LNG project was to eliminate negative environmental impact and to essentially generate revenue for faster economic growth and development of the country.
Debating further, Biobarakuma said the Brass LNG project will attract both local and multinational companies to
'When fully operational, Brass LNG will create about 1,000 jobs' he said.
He noted that the Brass LNG is a green field project established to operate
'The shareholders are
He recalled that the execution of the project had gulped the sum of about
He commended the federal government for the capitalization, design and commencement of the work in 2004, while calling for the invitation of NNPC and Brass LNG to brief the
He also urged the federal government to create enabling environment for reputable oil and gas companies to take over the 17% shares each previously owned by Conoco Philips, ENI and Total.
Responding to the prayers, the
© Pakistan Press International, source