Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said that the Brass Fertilizer and Petrochemical project, when completed, would lead to sustainable prosperity for Nigeria.
Kyari, who spoke while inaugurating the board of the company last Monday, implored members of the board of directors of the company to resolve issues of gas supply in the country, and ensure deeper penetration of the product into the hinterlands.
The NNPC boss also urged the board to squarely address the issue of technical capability and funding confronting the company and come up with viable bankable options that could help drive the project to fruition.
According to him, the Brass Fertilizer and Petrochemical Company project has potential to boost the nation’s economic growth due to its methanol and fertilizer components which he said could facilitate growth in the agricultural sector.
“I know that this project is important to all of us. Monetising gas for us is everything because this is a gas country. There is huge potential in gas development and our focus is to add value to gas locally. That means deepening the utilisation of gas in-country. Our interest is always on things that will add value to our local market and local economy”, he said.
Speaking on behalf of other member of the board, the chairman of the board and NNPC Chief Operating Officer, Gas and Power, Engr. Yusuf Usman, said that the project was important for both the corporation and the country. He assured the NNPC helmsman that the board will deliver on its mandate with the cooperation of all stakeholders. He expressed delight that the board had finally been inaugurated, adding that his company was fully committed to the project.
Brass Fertilizer & Petrochemical Company Limited is developing an ammonia and methanol plant at Brass Island in Nigeria’s Bayelsa state. The project is positioned to serve the large, growing and captive market for urea and ammonia in Sub-Sahara Africa and exporting methanol to the global market.
It will be comprised of seven principal facilities: A 595 hectare greenfield site that has been granted an export processing zone licence. It also contains a gas pipeline which will transport 500 mmscf/d of wet gas, 30km from SPDC project dedicated gas fields in OML 32/33 to the plant site. There is a dedicated gas processing plant with a processing capacity of 300 mmscf/d
The project has a urea plant which will produce 3,850 TPD (1.3 MTPA), an ammonia plant which will produce 2,200 TPD (770 KTPA) of ammonia. There is a methanol plant which will produce 5,000 TPD (1.75 MTPA) of methanol. The Project will include 50,000 tons of ammonia storage, 150,000 tons of methanol storage and 50,000 tons of condensate / LPG storage.
There is a Captive Export Jetty which will have 2 berths that can handle vessels of up to 35,000 DWT with a loading rate of 2,000 tons/hr.
By Chibisi Ohakah