NSML, Temile Development Company Sign Treaty To Boost Maritime Operations In Nigeria Petroleum Industry.
By Helen Udoh,Outlook Media ABUJA.
Limited (NSM), a subsidiary of the Nigeria Liquefied Natural Gas Limited (Nigeria LNG Limited) on Tuesday, 11th June 20224 in Abuja, signed an agreement with Temile Development Company Limited for the management of Liquefied Petroleum Gas (LPG) Alfred Temile 10 Vessel.
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.
The landmark agreement, which was signed by the two indigenous companies, treaty aimed at boosting maritime operations in Nigeria Petroleum Industry.
During the signing ceremony in Abuja, Afred Temile, the Chief Executive Officer of Temile Development Company Limited,noted that ,the company venturing into and taking delivery of first Alfred Temile, years ago was done with the drive to succeed in the in oil and gas industry.
“The company is currently working towards taking other Final Investment Decisions (FID) in the gas sector, He said.
He said, “when the company took delivery of first Afred 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.
“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.”
The Executive Vice President, Gas, Power and New Energy of the Nigerian National Petroleum Company Limited ,NNPC LTD, Olalekan Ogunleye, assured Afred Temile that NSML was very capable, and would be given every support to manage any number of vessels the company would deliver.
Ogunleye who is also the Chairman of the Board of the NSML stated that the signing of the agreement demonstrated that the Board was satisfied with what the management of the NSML is doing, and would give every support to enable them expand their activities.
Represented by the Chief Investment Officer, NNPC Gas and Power Investment Services, Dr. Salihu Jamari, the EVP said, the Board would also ensure that NSML becomes dominant marine services provider in the region, not only in West Africa, but in the whole of Africa.
He, therefore, called on relevant stakeholders to give NSML support to able to operate across the region. “Because that has been the target given to them by the board. And the board is willing to go to any length to give them any support that they need in terms of manpower development, vessel management and all other marine services”.
Earlier, the General Manager, External Relations and Sustainability Development at NLNG, Andy Odey said, one key part of the company’s value chain is transportation, and NSML plays a very strong role in that space.
He noted that “in 19-year-old this year, NSML has done so much in such a short time, and transformed to such a point where 11 of our vessels are fully managed by the NSML.
“As a parent company we are proud of what our child is doing”, added.
Speaking on the contribution of Alfred Temile to the domestic utilisation of LPG in Nigeria, he said, “the Company plays a strategic role in ensuring that LPG or domestic cooking gas leaves our facility to every part of Nigeria, that today we are responsible for about 40 percent LPG that is consumed in Nigeria”.
NSML is a private Limited Liability company which provides shipping services including training, manning, fleet management and consultancy services to NLNG, Bonny Gas Transport ,BGT, and the sub-Saharan Africa maritime sector.
The company was established in response to rapid changes and challenges in the maritime business and the scarcity of competent ship board personnel worldwide.
“Initially incorporated on October 9, 2008, as a manning company, NSML commenced full operations in August 2010 as NLNG Ship Manning Limited.he said.
The Nigerian National Petroleum Company Limited ,NNPC , has also executed a Project Development Agreement ,PDA, with Golar LNG of Norway to build a Floating Liquefied Natural Gas ,LNG, plant offshore Niger Delta, Nigeria.
This is in furtherance of the national oil company’s commitment to monetize Nigeria’s vast natural gas resources.
Currently, the country has about 209.26 trillion cubic feet ,TCF, of Associated and Non-Associat
In his remarks, NLNG External Relations Manager, Mr. Andy Odeh, expressed his excitement about the exceptional performance of both NMSL and Temile Development Company in running NLNG operations, stressing that Temile’s contribution is integral to the history of NLNG’s domestic ga
“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 not but put Alfred Temile in that space, He said.
In the same vein NLNG External Relations Manager, Mr. Andy Odeh, said 11 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, He said.