Temile Development Company has successfully completed its 23,000 cubic meters ultramodern LPG gas carrier - Alfred Temile 10.

2: the event took place in South Korea

3: the company was licensed by FG and NNPC supported them. They took advantage of local content law to facilitate this project.

4: Jobs for Nigeria and revenue to FG not Tinubu

Posted by Woye1 on X

LPG Vessel: Ekpo, Kyari Laud Temile On Local Content Law Optimisation
As NNPC woos South Korean

The Minister of State, Petroleum Resources (Gas), Ekperikpe Ekpo, has lauded the courage, vision and hard work exhibited by Nigerian firms in breaking new frontiers in gas businesses in line with the nation’s local content law.

Also, the group chief executive officer (GCEO), Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has commended Temile Development Company for the successful completion of its 23,000 cubic metres ultramodern Liquefied Petroleum Gas (LPG) Carrier – ‘Alfred Temile 10’.


Ekpo and Kyari both gave commendations during the commissioning of Temile Development Company Limited’s 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier – ‘Alfred Temile 10′ at the Hyundai Mipo Dockyard in Ulsan, South Korea, on Tuesday.

NNPC Ltd also held talks with a South Korean consortium led by Daewoo E&C on the development of gas projects in Nigeria.



On his part, the Gas minister, Ekpo, described the courage in the conceptualisation and delivery of the project by Temile Development Company Ltd as a monumental achievement in local content law, even as he called on other firms to emulate Temile’s example.

He said the Nigerian Oil and Gas Industry Content Development (NOGICD) Act was enacted to promote the development of in-country capacity in the oil and gas industry, and that the LPG vessel’s commissioning was a manifestation of the success of this legislation.

“By actively engaging in projects of this magnitude, we are fostering indigenous participation and furthering our commitment to building a sustainable and vibrant oil and gas sector,” he said.


According to the minister, the vessel would enhance the efficiency of the country’s energy supply chain by transporting LPG from the Nigerian Liquified Natural Gas Ltd (NLNG) to coastal storage facilities.

“Today’s commissioning also reflects the increasing influence of Nigerian content in the oil and gas maritime space. It is a proud moment for our nation, showcasing active participation that not only complies with the Cabotage Law, but aligns with the objectives of the Nigerian Oil and Gas Industry Content Development Act (NOGICD) of 2010,” he added.

The minister urged stakeholders in the oil and gas sector to recommit to the principles of collaboration, innovation, and local content development.

Meanwhile, NNPC GCEO, Mele Kyari, led the oil company’s team to the discussions, which were held in Seoul, South Korea, on Tuesday.

The talks were aimed at deepening NNPC Ltd’s drive to tap into the nation’s vast gas resources to be a supplier of clean and affordable energy to the global market.

South Korea is a major destination for Liquefied Natural Gas exports and the consortium, in collaboration with the Korean Export-Import bank, has expressed interest in advancing discussions on investing in greenfield and other gas development opportunities.


The talks will pave the way for the execution of a Memorandum of Understanding (MoU) that will unlock strategic foreign direct investment in line with the President Bola Ahmed Tinubu administration’s policy of making Nigeria a prime destination for global investors.

Kyari has also congratulated Temile Development Company, an indigenous player in the gas sector, on the commissioning of its 23,000 cubic meters ultra-modern Liquefied Petroleum Gas (LPG) Carrier in Ulsan, South Korea, today.

According to the GCEO, the vessel named Alfred Temile 10, represents a significant stride towards deepening the utilisation of gas in-country and growing gas revenues.

“It is great that Temile Development Company is able to complete the construction of the 23kt LPG vessel. This will go a long way in improving access to LPG in the domestic market and provide cleaner fuel in our country. Nigeria’s objective is to ensure that everyone has access to clean energy and particularly walk away from biomass as a source of energy. We know this is good and that is we will continue to support it.

He disclosed that NNPC Ltd, alongside its partner West Africa Gas Ltd (WAGL), was building its own vessels, which will boost LPG supply in Nigeria with a view to saturating the market.

The commissioning of Alfred Temile 10 signifies a crucial step in deepening the utilisation of gas in-country and growing gas revenues.

The vessel is equipped to transport liquefied petroleum gas efficiently, which will contribute to the growth of Nigeria’s domestic gas industry.

https://leadership.ng/lpg-vessel-ekpo-kyari-laud-temile-on-local-content-law-optimisation/

N.

Let it affect the common man positively

Good

Hope this create the necessary economic effect and make things easier for the common man.

Let hope this will not go the Nigerian way that makes everything to fail and never yield the expected effects and returns.

Congratulations to Nigeria.

Good!

Congratulations

Congratulations. God bless Nigeria
Meanwhile that ship should avoid the red sea for now.

Nigeria will be great again.


God bless Nigeria

Our people will not benefit anything from this news at all. All our elites know how to do is exploit the masses negatively no matter the circumstances.

Will this reduce Dollar

TainyLite:
Let it affect the common man positively

Bro even if you are expecting govt intervention to have positive effect on common man, common man must position himself too.
U go dey tell poor man make him no born too much him go dey tell u say na God dey take care of children.

WarriAproko:
Will this reduce Dollar

use your head

Great….

Nice one, of this

A 20 ton LPG increased with 2 Million naira from 30th-31st . My people, e don red

TainyLite:
Let it affect the common man positively

A private company builds/acquires a massive gas export vessel = wealth in the pockets of the owners and their cronies, revenue for government, less gas flaring (environmental benefit) and jobs for Nigerians. How else do you expect it to affect the common man?

Perhaps the company should do N10k giveaways weekly so we can all agree that it affects the common man.

Let's see how dem go mess am up as usual.

We just wanna see how this transform to a better living experience for is

The same LPG Nigerians can’t afford

I know the man from Warri. His monumental edifice is second to none

Lol.

Celebrating private business that has nothing to do with the government. They should also come an celebrate kabiru who single-handedly funded the conversion of a rickety bus he bought to a van to enable him evacuate farm produce from the farm to the city

AnonPoet:


Posted by Woye1 on X


https://leadership.ng/lpg-vessel-ekpo-kyari-laud-temile-on-local-content-law-optimisation/

That's super impressive.
Kudos to the team at Temile on the launch of the LNG ship Alfred Temile.

Impecca:
I know the man from Warri. His monumental edifice is second to none

lol, the man died some few years ago, he’s children are the one running the company now, I was in his last late last year sef, didn’t know they had huge project like this going on.

Time we chanelled our gas potential into great strenght and energy. This could be the answer we seek for a stable power supply and reliably productive manufacturing sector.
GOD BLESS NIGERIA

GOD BLESS ALL PATRIOTIC NIGERIA INDIGENES TOO.