THE Federal Government is going to complete the multi-billion-dollar Brass Liquefied Natural Gas project that has been abandoned over 17 years ago, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has said.
Sylva also stated that the government was looking for investors to revive the stalled gas project. He spoke during an inspection of the project site in Twon Brass, Bayelsa State, according to a statement issued in Abuja on Sunday by his media aide, Horatius Egua.
The minister, who inspected the Brass LNG site with the management of Greenville LNG, an interested investor in the Brass project, said the Federal Government was desirous of completing the project because of the manifold economic benefits it would bring to the nation.
The Brass LNG, which has trained 1-4 concept, with an annual projected capacity of 8.4 million metric tonnes.
The gas project was initiated in 2005 with the groundbreaking ceremony performed by former President Olusegun Obasanjo on May 14, 2007.
The statement stated that Sylva was joined on the tour of the project site by the Chairman and Managing Director of Greenville LNG, Eddy Van Den Broeke, and Ritu Sahajwalla, respectively.
The petroleum minister said the Federal Government would give the project top priority because of its present policy thrust in gas exploration across the country.