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Dickson committed to actualisation of Brass LNG project, meets top executives in Lagos

Femi Adewale by Femi Adewale
June 13, 2017
in Breaking News, News
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In its bid to continuously attract investment to Bayelsa State, the Bayelsa State Government has thrown its weight behind the actualisation of the $20 billion Brass LNG project.
In an interaction with Dr. Jackson Gaius- Obaseki, the Chairman, Board of Directors of the Brass LNG project, in Lagos, Governor Seriake Dickson declared the total commitment of the government and good people of Bayelsa State to bring the project to fruition in the shortest possible time.
The governor said the government will do whatever is possible or demanded of it to ensure that the project stays on course. 
As part of his commitment to the project, the governor said Bayelsa State Government would allot an office space to Brass LNG at the Investment Towers in Yenagoa to facilitate the sharing of investable information.   
‘‘I am passionate about the Brass LNG project because it will boost the Bayelsa economy and the entire Niger Delta by creating  jobs for over 18,000 people at the peak of construction for the project which has licences for Seaport, Airport and Free Trade Zone. The provision of job opportunities will engender development to the region, reduce youth restiveness, crime and above all, build peace amongst communities.’’
The governor promised to collaborate and partner with the Federal Government to create the enabling environment and provide the needed political will for the successful take-off of the project within the shortest possible time.  
The project was initiated in December, 2003 and has NNPC, ENI and Total as shareholders.
One of its founding shareholders, Conoco-Phillips, divested its shares in 2014 due to a global rationalisation of its investment in Africa.
The project has the capacity of producing about eight million metric tonnes of LNG of two trains per annum.  
 

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.