In a landmark development for Nigeria’s domestic gas industry and the generation of gas revenues, Temile Development Company Ltd, a key indigenous player in the oil and gas sector, has commissioned a state-of-the-art 23,000 cubic meters Liquefied Petroleum Gas (LPG) Carrier.
Dubbed ‘Alfred Temile 10’, the vessel was partially financed by Fidelity Bank Plc, a leading Nigerian bank, and was commissioned at the Hyundai Mipo Dockyard in Ulsan, South Korea. The event witnessed the presence of esteemed dignitaries, including the Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd (NNPC), Mallam Mele Kyari, OFR; Managing Director/Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe, OON; Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Luke Ekpo; Charge D’Affairs Ad Interim of the Embassy of Nigeria in South Korea, Ambassador Ferdinand Nwonye; and Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, among others.
Mallam Mele Kyari commended the company for its remarkable achievement, stating, “I want to congratulate Mr. Alfred for the great feat you have achieved on behalf of our country. Today, clean energy is everything because the whole world is transitioning to cleaner fuel. In our country, biomass is the major source of energy, and I know that the efforts we are making collectively and with this effort by Temile Group will enhance our ability to produce cleaner energy.”
Dr. Nneka Onyeali-Ikpe highlighted the significance of the commissioning, stating, “This commissioning is a landmark achievement for Nigeria as the vessel would further support the nation’s drive to utilize cleaner energy sources, especially as the world transitions to environmentally-friendly energy options. Fidelity Bank is delighted to facilitate this transaction, and we congratulate our amiable customer, Mr. Alfred Temile, as well as the good people of Nigeria on this feat.” This commissioning marks the second such vessel partially financed by the bank, reaffirming its support for the industry.
Mr. Alfred Temile, the CEO of Temile Development Company, expressed gratitude for the collaboration and strong support received from NNPC Ltd and other stakeholders throughout the project.
The vessel is poised to enhance the local participation of indigenous maritime players, improve LPG supply logistics, and increase the availability of LPG for Nigerian last-mile users. This development is expected to bolster Nigeria’s domestic gas industry while showcasing the growing capabilities of indigenous Nigerian companies in the oil and gas sector.
It is worth noting that Fidelity Bank Plc also part-financed the development of the recently launched Pinnacle Oil and Gas Terminal in Lagos as part of efforts to improve energy security in the country.
Fidelity Bank, recognized as one of Nigeria’s premier banks, serves over 8 million customers across its 251 business offices in Nigeria and the United Kingdom, as well as through digital banking channels. The bank has received numerous local and international awards, underscoring its commitment to excellence and innovation in the banking sector.
