The West African Gas Ltd (WAGL) has taken delivery of two liquefied petroleum gas (LPG) carriers from the Hyundai Mipo Dockyard (HMD) in Ulsan, South Korea.
Featuring 38,000 cbm, the new vessels, named MT Africa Gas and MT Sahara Gas, are expected to “ensure stability in the supply of LPG,” according to WAGL, a joint venture company of the Nigerian National Petroleum Corporation (NNPC) and Sahara Energy.
With a length of 174 meters and a width of 30 meters, the new carriers have a marter value of around USD 40 million each, according to data provided by VesselsValue.
“I am particularly delighted that the venture we started a few years ago has achieved this enviable milestone as we take delivery of these vessels,” Maikanti Baru, the Group Managing Director of NNPC, said.
WAGL was established in March 2013 while the shipbuilding contract for the two 37,500 mt LPG carriers was entered into in May 2014.