USD 18 BILLION LNG BRASS TO BE RE-EVALUATED

USD 18 BILLION LNG BRASS TO BE RE-EVALUATED

Senator Biobarakuma Degi-Eremienyo moved a motion to assess the USD 18 billion LNG Brass project. After appropriate consideration of the motion raised by the senator representing Bayelsa East, Biobarakuma Degi-Eremienyo among 26 other senators, the National House of Assembly has agreed to review the 15 years old uncompleted Brass project. Degi-Eremienyo in his lead debate stated that the project had consumed about US $1.2bn as of 2011, covering early site works and maintenance after which…

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