- Fidelity Bank partly financed the Alfred Temile 10 vessel, commissioned at the Hyundai Mipo Dockyard in Ulsan, South Korea.
- The vessel will improve the logistics of LPG supply and increase the availability of LPG for Nigerian last-mile users.
Temile Development Company Ltd, an indigenous oil and gas player, recently commissioned a 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier. Fidelity Bank partly financed the Alfred Temile 10 vessel, commissioned at the Hyundai Mipo Dockyard in Ulsan, South Korea. This feat is a significant milestone in Nigeria’s domestic gas industry advancement and the generation of gas revenues.
The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd (NNPC), Mallam Mele Kyari; Managing Director/CEO, Fidelity Bank Plc, Dr Nneka Onyeali-Ikpe; Minister of State, Petroleum Resources (Gas), Ekperikpe Luke Ekpo; the Charge D’Affairs Ad Interim of the Embassy of Nigeria in South Korea, Amb. Ferdinand Nwonye; the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe, and others witnessed the commissioning.
The vessel will bolster the local participation of indigenous maritime players, improve the logistics of LPG supply and increase the availability of LPG for Nigerian last-mile users. This will contribute to the growth of Nigeria’s domestic gas industry while demonstrating the dedication and increasing capabilities of indigenous Nigerian companies in the oil and gas sector. Recall 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.