Temile Development, a Nigerian engineering and transportation company, has placed an order at South Korea’s Hyundai Mipo Dockyard for the construction of one firm and one optional 23,000 cu m LPG carrier.
The firm unit will be delivered within the first quarter of 2020 and then it will be fixed to Nigeria LNG (NLNG) under a time charter contract.
The vessel will be used to transport LPG produced in NLNG’s plant in Bonny in Nigeria to Lagos from where it is distributed to every part of the country.
NLNG is a joint venture owned by the Nigerian National Petroleum Corporation (49%), Shell Gas (25.6%), Total Gaz Electricite Holdings France (15%), and Eni International (10.4%), and it is the largest LPG producer in Nigeria.
“Whilst Temile has extensive experience in numerous sections of the oil and gas industry in Nigeria with particular interest in the offshore shipping and logistics sector, our entrance into LPG Shipping is a new and exciting venture for us. We feel in very safe hands to have ordered a LPG carrier at Hyundai Mipo Dockyard and believe this will increase the local content of Nigerian investors in the LPG space,” said Temile’s chief executive Alfred Temile.
Currently Temile runs four PSVs in its fleet.