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"Synergy, Commitment Are Key to Global Energy Sustainability, Says Bounour

By Favour Ifeoluwa & Akinola Ajibade  The Chief Executive Officer, Egbin Power Plc, Mr Mohktar Bounour says global transition to cleaner energ and sustainable environment are achievable, as long as there is strong synergy and commitment among stakeholders in the value chain.  He spoke during the maiden edition of  Asharami Square in Lagos. This is an initiative introduced and implemented by the Sahara Group, in order to amplify discourse on energy sustainability through  media advocacy globally. He said: " Having analyzed the percentage of global greenhouse emissions attributed to sectors including electricity/heat production, agriculture/forestry and transportation, we are realised that there is need for synergy  and renewed commitment among stakeholders". According to him, Egbin Power has unwavering commitment to reduce carbon emissions and promotes sustainable energy sources, stressing that the need to depeening engagement and advocacy among stakeholders in
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Temile/Hyundai contract aligns with NCDMB's growth strategies



By Akinola Ajibade

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Wabote has said that the decision by Temile Development Company to  sign  two separate  contracts in the sector, aligns with the Board' strategies to stimulate growth in the nation's oil and gas industry.
The indigenous shipping firm signed a contract with Hyundai Mipo Dockyard (HMD) for the construction of a new 23,000 cubic meters Liquefied Petroleum Gas Carrier Vessel on one hand and NMSL for the construction and supervision of the vessel on the other hand.
NMSL, an integrated maritime services firm, is a subsidiary of Liquefied Natural Gas( LNG) Limited.
The  construction of a LPG carrier vessel is sequel to the first vessel one provided by Temile in 2018 and is currently being used for chartered purposes by LNG.
Speaking at the sidelines of an agreement signing ceremony in Daegu, South Korea, Wabote said that the initiative is a good one, capable of bringing about growths in the sector.
He described the initiative as a great  accomplishment, as it would assist in boosting the confidence of local companies in order  to play at the international market.
The event took place at the recent Oil and Gas Conference in Korea,  
He said: " The new 23,000 cubic LPG/NH3/VCM Carrier to be constructed is a high-end specification vessel that has been designed by NSML in accordance with bespoke requirements using HMD’s highly efficient eco-design. The new LPG carrier is expected for delivery on 26th July 2023 at HMD in Ulsan, Korea." 
The NCDMB's Boss further said that the contracts signing and subsequent construction and supervision of the vessel would help the Board in maximizing its potentials in both  the Midstream and Downstream segments of the industry.
He said that the project will bring invaluable local content opportunities in technology and innovation, human capital development and research and development.
Similarly, Temile’s Chief Executive, Mr. Alfred Temile said ‘’We are delighted to execute the construction of our new LPG carrier with HMD, bringing onboard NSML to supervise the construction of the vessel.




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