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Tinubu Commissions MT Iyaloja (Lagos) LPG Vessel in South Korea to Boost Clean Energy Access

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Tinubu Commissions 40,000 CBM LPG Vessel ‘MT Iyaloja (Lagos)’ in South Korea

President Bola Ahmed Tinubu has officially commissioned the 40,000-cubic-metre Liquefied Petroleum Gas (LPG) vessel, MT Iyaloja (Lagos), during a ceremony in Ulsan, South Korea. This strategic milestone is set to significantly boost Nigeria’s clean energy capabilities across Africa and beyond. Vanguard News

The new vessel, owned by WAGL Energy Limited, a joint venture between NNPC Ltd. and Sahara Group; is a dual-fuel, fully refrigerated LPG carrier. With this addition, WAGL’s fleet capacity has expanded to 162,000 CBM, joining vessels such as MT Africa Gas, MT Sahara Gas, MT BaruMK, and MT Sapet. Vanguard News

Representing the President, the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, praised the technical foresight and commitment of WAGL, NNPC Ltd., and Sahara Group in strengthening Africa’s role in the global clean energy value chain. Vanguard News

At the event, Bashir Ojulari, Group CEO of NNPC Ltd., highlighted the vessel’s importance for Nigeria’s gas development strategy. He emphasized NNPC’s unwavering commitment to ensuring LPG affordability, availability, and access nationwide. Vanguard News

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