*LPG Vessel: Ekpo Praises Nigerian Firm's Determination In Harnessing Local Content Law*

 *LPG Vessel: Ekpo Praises Nigerian Firm's Determination In Harnessing Local Content Law* 




Minister of State for  Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has lauded the courage, vision and hard work exhibited by Nigerian firms in breaking new frontiers in gas businesses in line with the local content law.


Ekpo stated this at the commissioning of Temile Development Company Limited's 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier, Alfred Temile 10, at the Hyundai Mipo Dockyard in Ulsan, South Korea, yesterday. 


This was contained in a statement signed by his Special Adviser for Media and Communication, Mr. Louis Ibah, and made available to the public. 


The Honourable Minister described the courage  in the conceptualization and delivery of the project by Temile Development Company Ltd as a monumental achievement in local content law, even as he called on other firms to emulate Temile's example.

 

He said the  Nigerian Oil and Gas Industry Content Development (NOGICD) Act was enacted to promote the development of in-country capacity in the oil and gas industry, and that the LPG vessel's commissioning was a manifestation of the success of this legislation. 


"By actively engaging in projects of this magnitude, we are fostering indigenous participation and furthering our commitment to building a sustainable and vibrant oil and gas sector," he said.


According to the minister, the vessel would enhance the efficiency of the country's energy supply chain by transporting LPG from the Nigerian Liquefied Natural Gas Ltd (NLNG) to coastal storage facilities.


"Today's commissioning also reflects the increasing influence of Nigerian content in the oil and gas maritime space. It is a proud moment for our nation, showcasing active participation that not only complies with the Cabotage Law, but aligns with the objectives of the Nigerian Oil and Gas Industry Content Development Act (NOGICD) of 2010," he added.


The minister urged stakeholders in the oil and gas sector to recommit  to the principles of collaboration, innovation, and local content development.


"Let this event trigger or serve as a catalyst for even greater strides in our collective journey towards self-sufficiency and prosperity in the Nigerian oil and gas industry, for economic development, eradicating poverty and wealth creation, which are cardinal objectives of President Bola Ahmed Tinubu’s Renewed Hope Agenda."

#Followglobaltrsutnewsblog

Send your story, to our Email:

globaltrustng@gmail.com or whatsapp

+234805 184 2932.


Comments

Post a Comment

Popular posts from this blog

CATHOLIC BISHOP OF IKOT-EKPENE PAYS EPISCOPAL VISIT TO TRANSITION COMMITTEE CHAIRMAN

Image
 CATHOLIC BISHOP OF IKOT-EKPENE PAYS EPISCOPAL VISIT TO TRANSITION COMMITTEE CHAIRMAN ...hails Gov. Umo Eno on appointment The Bishop of the Catholic Diocese of Ikot Ekpene, Most Rev. Camilus Umoh, today, Friday 5th January, 2024 paid an episcopal visit to the Chairman,Ikot Ekpene Transition Committee,Sir John Cleton Etim in his office. The Bishop in his words, admonished the Council Chairman to always put God first, be prayerful and urged him seek counsel from elders, if he must succeed in office. Most Rev. Umoh hailed the Akwa Ibom State Govermor, Pastor Umo Eno for appointing Sir. John Cleton Etim as the Chairman, Transition Committee for Ikot Ekpene, and conveyed warm wishes onbehalf of the Catholic Church to the Governor and the Transition Committee Chairman of Ikot-Ekpene respectively. He noted that Sir John Etim was the first Catholic to assume the position of chairman of the premier local government. He prayed for the peace of Ikot Ekpene, while also offering bishopric blessing
Read more

UKANAPOLY Acting Rector Charges Matriculating Students to Approach thier Studies with Enthusiasm, Diligence

Image
 UKANAPOLY Acting Rector Charges Matriculating Students to Approach thier Studies with Enthusiasm, Diligence The Acting Rector of Federal Polytechnic, Ukana Akwa Ibom State, Dr. Mrs. Mercy Ebong has charged fresh students to approach their studies with enthusiasm and diligence, describing their journey in the Polytechnic as not just about earning a certificate, but embracing knowledge that would prepare them for chanllenges of the future. Dr. Mercy Ebong gave this charge while giving her address during the 9th Matriculation ceremony of the institution held at the Main Campus of the Polytechnic, Monday 26th February, 2024. According to the Polytechnic boss, students are expected to prioritize their academic pursuits, recognizing that excellence in education is a foundation for personal growth and societal development. In her words  " we formally induct a new cohort of talented individuals into our academic community , embarking on a journey of knowledge and personal growth. It is c
Read more

RAFFIA CITY ELDERS FORUM HOSTS END OF YEAR GET-TOGETHER & DINNER PARTY

Image
 RAFFIA CITY ELDERS FORUM HOSTS END OF YEAR GET-TOGETHER & DINNER PARTY ... confers Excellent award on Ikot-Ekpene Area Commander of Nigeria Police Force by Mfonobong Ukpong A group of likeminds from the three local government area of Ikot-Ekpene, Essien Udim and Obot-Akara, making up Ikot-Ekpene Federal Constituency, under the acronym, Raffia City Elders Forum, RACEF, on Sunday 17th December, 2023 converged on the prestigious 4-Points By Sheraton Hotel & Towers, Ikot-Ekpene for their end of dinner party and to celebrate excellence.  Setting the tone for the evening Chairman of the planning committee, Engr. Camilus Umoh who is the State Commissioner for Power, and as well as the Welfare Secretary of RACEF, while welcoming members of the forum and invited guests to the event, said the dinner party was held to bring together it's members, provide an ambience to rub minds, unwind and to celebrate individuals who have contributed in one way or the other for the growth and devel
Read more