Wednesday 26th April, 2017
Translate Language:::
Share

Gas scarcity: WAGL takes delivery of 2 LPG vessels

Gas scarcity: WAGL takes delivery of 2 LPG vessels

As consumers continue to battle scarcity and high cost of cooking gas, the Nigerian National Petroleum Corporation (NNPC) has disclosed that
 
the West African Gas Ltd (WAGL) has taken delivery of two LPG carriers from the Hyundai Mipo Dockyard (HMD) in Ulsan, South Korea.
 
WAGL is a joint venture company of the NNPC and Sahara Energy.
 
The two vessels with a combined capacity of 38,000 cubic meters (cbm) were named “MT Africa Gas” and “MT Sahara Gas” by the wives of the Group Managing Director of NNPC and the Chief Operating Officer, Gas & Power, Mrs Hajja Maikanti Baru and Mrs. Jamila Saidu Mohammed respectively, in keeping with maritime custom that spouses of the sponsors of the ships perform those aspects of the ceremony, a statement by NNPC’s spokesman, Ndu Ughamadu said at the weekend.
 
The Group Managing Director of NNPC, Dr. Maikanti Baru who spoke at a brief naming ceremony to inaugurate the vessels in South Korea expressed gratitude to all the partners who helped to actualize the ship acquisition vision of the parent companies and the management of WAGL.
 
He said: “I am particularly delighted that the venture we started a few years ago has achieved this enviable milestone today as we take delivery of these vessels”.
 
According to the GMD, WAGL was established in March 2013 while the shipbuilding contract for the two LPG carriers was entered into in May 2014.
 
Hyundai Mipo Dockyard (HMD) President and Chief Executive Officer, Mr. Y. S. Han, said the naming ceremony was the first at HMD this year, upbeat that it was with its new customer, WAGL.

SHARE ON: