From JIDAUNA YANUNG, Abuja
THE Senate has urged the Federal government to ensure immediate revival of the Brass Liquefied National Gas, LNG project in Bayelsa State.
The upper chamber also lauded the conceptualization, design and commencement of the work since 2004.
Senate further urged government to create enabling environment for reputable oil and gas companies to take over the 17 percent shares each previously owned by Conoco Philips and Total.
The red chamber noted that the project had gulped about 1.2 billion (USD) as at 2011 covering early site works and maintenance after which it has remained moribund.
It, however directed the management of the Nigeria National Petroleum Corporation (NNPC) and the Brass LNG to brief its committee on Cras Resources on the extent of the implementation of the projects.
This decisions followed a motion on the need to ensure the revival of the Brass LNG by Senator Biobarakuma Degi Eremienyo (APC Bayelsa) and co-sponsored by 28 other lawmakers during plenary.
Senator Biobarakuma while presenting the motion said, that the Brass LNG is a green field project established to operate liquefied Natural Gas located in Brass island following agreement signed in 2003 by four share holders namely the NNPC with 49 percent shares while Conoco Philips, Total and Eni International had 17 percent share each.