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NLNG Sustains 40% Domestic Gas Supply

The Nigerian Liquefied Natural Gas (NLNG) Limited yesterday confirmed its sustenance of 40per cent of Liquefied Petroleum Gas (LPG) also known as domestic gas supply to the country’s market.

The firm made the confirmation in Abuja as the NLNG Shipping and Marine Services Limited (NSM) signed a technical vessel management agreement of the LPG Alfred Temile 10, with Temile Development Company Limited.

NLNG External Relations Manager, Mr. Andy Odeh, attributed the feat for moving the gas from its facilities to Temile Development Company Limited.

He said he was excited over the performance of both the NMSL and Temile Development Company in the operation of the NLNG.

He noted that the story of domestic gas supply by the NLNG cannot be narrated without attribution to Temile.

He said: “Eleven of our vessels are currently managed by NMSL. As a parent company we are proud of what our child is doing. Then of course for Alfred Temile, that is the story around NSML and NLNG apart from being a parent company.

“But if you look at Alfred Temile and try to write the story of NLNG around what we do: domestic LPG in Nigeria, you can’t but put Alfred Temile in that space.

“They play a very strategic role in ensuring that LPG leaves our facility to every part of Nigeria.

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“Today, we are responsible for about 40per cent LPG that is consumed in Nigeria. Both of you play a very strategic role. So why you are looking at your partnership today, we are looking at our partnership with you to continuously help to build a better Nigeria.”

The LPG Alfred Temile 10 is a 23,000 cubic metres liquefied petroleum gas vessel owned by Temile Development Company Limited, with NSML designated as the technical vessel manager.

He said the event marked an important milestone in the Nigerian maritime industry with the collaboration of two Nigerian companies to enhance maritime operations in the oil and gas sector

Also speaking, Temile Development Company Limited, Chief Executive Officer (CEO) Alfred Temile expressed joy over the milestone agreement signed with the NSML.

Alfred narrated that when the company took delivery of first Alfred Temile, a couple of years ago, “it was not a commercial decision, but a decision of we can do it. And now the company has done it.”

He said there are other Final Investment Decisions (FID) the firm is taking in the gas sector.

He recalled how reluctant he had been about signing the first contract with the NMSL about four years ago until a bank convinced him to take the commercial decision.

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“The bank said you can’t invest $75million without a contract. I am glad today we did it, and we are excited at it all,” he said.

He assured that “there are many more to come. We are at a final stage of taking FID on another LPG tanker. There a lot of investment decisions we are taking in terms of deepening our participation in the gas sector”, he said.

Speaking, the NSMS Managing Director, Abdulkadir Ahmed, noted that the partnership between the two firms dated back to 2020.

He said the occasion represents commitment to excellence, safety, and innovation in the maritime industry.

He promised that “with cutting edge design and technology the vessel is set to set a new standard for LPG penetration in Nigeria and West Africa”.

Meanwhile, the Nigerian Content Development and Monitoring Board, Executive Secretary, Engr. Felix Omatshola Ogbe, said Nigeria has the resources to succeed in the industry, stressing that all that is needed is cooperation.

He also said he looked forward to seeing more partnerships for the execution of more vessels.

Source: Nation

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