NLNG to take delivery of last of six vessels worth $1.41bn

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The Managing Director, Nigeria Liquefied Natural Gas Limited (NLNG), Babs Omotowa has said that the company will this month receive the last of the six new vessels (ships) it bought for the transportation of liquefied natural gas (LNG) to various parts of the world.

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Omotowa said the acquisition of the new ships became imperative as its Train plant approaches nameplate capacity and LNG cargoes currently delivered to distant destinations across the world increases in response to changing business opportunities. To meet this demand, he said an arm of the NLNG, the Gas Transport, in 2013, ordered new dual fuel diesel engine (DFDE) vessels to be constructed by Hyundai Heavy Industries (HHI), while Heavy Industries (SHI) was ordered to build four.

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Omotowa said he was excited by the project because it led to the promotion and establishment of a ship repair yard in Nigeria for in-country repair and maintenance of LNG ships and other large carriers. The dry dock yard in Nigeria will be supported by and Hyundai. With the dry dock in operation, Nigeria and other neighbouring countries will no longer take their vessels to Europe and Asia for maintenance, he added.

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