02 January 2016, Sweetcrude, Abuja – The Executive Secretary of the Nigerian Content Development and Monitoring Board, NCDMB, Mr. Denzil Kentebe, has said that the nation’s oil and gas industry required over 800,000 metric tons of pipes per annum, making the pipe milling sector one of the most attractive areas for investment in the industry.
He listed opportunities for the utilisation of pipelines to include the gas master plan projects, major upcoming engineering, procurement and construction projects as well as the planned replacement of aged pipes used in transporting crude and refined products.
Kentebe therefore charged investors in pipelines used in the Nigerian oil and gas sector to accelerate their investments so as to close existing gaps in the local supply chain.
A statement from the NCDMB noted that Kentebe made the remarks while speaking at a meeting with the investors held at the Board’s headquarters in Yenagoa, Bayelsa State recently. He stated that the Board had spent considerable time stimulating investments in line pipes and noted that it was high time the firms brought their investments to fruition.
He pledged the Board’s preparedness to assist the companies overcome challenges they may be facing with their projects, urging them to suggest interventions they would require from government.
The Executive Secretary also assured that the Board was committed to realising the Polaku Pipe mill project so as to produce line pipes in-country and demonstrate government’s commitment to the pipe mill initiative.
Also speaking at the meeting, the Managing Director, Brentex Petroleum Service Ltd, Chidi Nzerem, thanked the Board for its support, pointing out that the company had begun extensive work at its pipe mill site in Calabar, Cross Rivers State.
According to him, when completed, the pipe mill would be the largest in Africa with a production capacity of 300,000MT of pipes. He also confirmed that his company had acquired 65 per cent of the equipment required to start production which has already been shipped to Calabar.
In a related development, the 22 trainees sponsored by the Board to Baoji Petroleum Steel Pipe Company in China to acquire critical skills required to operate and maintain machines at the Polaku pipe mill have successfully completed their training.
Addressing the trainees, the NCDMB boss expressed excitement at their performance and conduct while undergoing the programme for 45 days. He announced plans to attach the trainees with companies engaged in pipe line manufacturing so they can practice the skills they learnt before the Polaku pipe mill comes on stream.
He further explained that the Board’s sponsorship of their training was in keeping with its mandate of training Nigerian youths in different oil and gas related fields so they can contribute in the development of the Nigerian economy.