President Bola Tinubu says Nigeria is poised to deliver clean and sustainable energy solutions not just in-country but also across Africa and beyond.
The president spoke on Monday at the commissioning ceremony
of a 40,000 cubic meters (CBM) liquefied petroleum gas (LPG) vessel, named “MT
Iyaloja (Lagos),” in Ulsan, South Korea.
Represented by Ekperikpe Ekpo, minister of state for
petroleum resources (gas), the president commended WAGL Energy Limited,
Nigerian National Petroleum Company (NNPC), and Sahara Group, for their
strategic foresight, technical excellence and unwavering commitment to
expanding Africa’s role in the global clean energy value-chain.
In his remarks, Bayo Ojulari, chief executive officer (GCEO)
of NNPC, described WAGL’s LPG vessel as a major addition to gas development
efforts in Nigeria.
The GCEO, represented by Olalekan Ogunleye, executive
vice-president, gas, power and new energy, added that the vessel will play a
vital role in boosting the impact of gas on Nigeria’s economic growth.
Ojulari said NNPC is deepening its commitment to ensure LPG
affordability, availability, and access across the country.
“NNPC Ltd. is proud to be a major shareholder in this
indigenous Company which in addition to the newly commissioned MT Iyaloja
(Lagos), owns four (4) other LPG vessels in its growing fleet, delivering over
6 million MT of LPG across West Africa over the last 5 years,” he added.
Also speaking, Temitope Shonubi, WAGL’s chairman and
executive director, Sahara Group, noted that the company’s expansion reflects
its vision of responsibly bridging the continent’s critical energy
infrastructure gap.
“The addition of MT Iyaloja (Lagos) embodies the spirit of
progress and empowerment championed by the iconic Alhaja Abibatu Mogaji, whose
legacy we honour. Sahara Group is proud of its partnership with NNPC Ltd. and
reaffirms its commitment to partnerships that drive energy access in Africa,”
he added.
On his part, Sani Bello, WAGL’s managing director, said the
company remains committed to expanding its integrated supply network across the
energy value chain.
“WAGL already has plans to further expand the fleet within
the next two years with the addition of a Small Gas Carrier and a Very Large
Gas Carrier (VLGC),” Bello said.
The vessel, the statement noted, is owned by WAGL (an
NNPC/Sahara Group joint venture), and is a dual-fuel, fully refrigerated LPG
carrier.
“This latest addition brings WAGL’s total LPG vessel
capacity to 162,000 CBM. Other vessels in the fleet include MT Africa Gas, MT
Sahara Gas, MT BaruMK, and MT Sapet,” NNPC said.
According to the statement, the symbolic ribbon cutting of
MT Iyaloja (Lagos) named in honour of Abibatu Mogaji, the late mother of
Tinubu, was performed by her granddaughter, Folasade Tinubu-Ojo, the
Iyaloja-general of Nigeria.
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