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NLNG Hyundai, Temile sign ship-building deal


Fidelity Bank brokers deal

By Nsikan Ikpe


Temile Development Company Nigeria Limited, a customer of Fidelity Bank Plc, has presently  signed a contract with Hyundai Heavy Industries to construct one firm and one optional 23, 000cbm Liquefied Petroleum Gas (LPG) tankers in London.

Present at the event were an array of dignitaries that included the DMD of Fidelity Bank Plc, Mohammed Balarabe; Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote; Vice-President, Hyundai Heavy Industries, S.Y. Park; CEO, Temile Development Company Limited, Alfred Temile; CEO, Nigerian Liquefied Natural Gas Limited (NLNG), Tony Attah; and Managing Director, Hyundai Heavy Industries, London, Jay .H. Kang.

The Ship Building Agreement Signing ceremony was conducted in London between Temile Dev. Company and Hyundai Heavy Industries for one firm and one optional 23,000cbm Liquefied Petroleum Gas (LPG) tankers; and these would be the first of their kind in the West African oil and gas market.


Cross section of stakeholders at the session



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