Master Energy Oil and Gas begins the construction of a 20,000MT LPG Depot

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  • Author: Muyiwa Ige(LPG Stakeholder and Consultant)

Masters Energy Oil and Gas, a top energy company operating powerfully in Nigeria’s downstream oil sector has commenced the construction of a massive 20,000 Metric Tons LPG terminal in Port-Harcourt, Rivers State.

In an ambitious infrastructural expansion plan, the company is investing about $500 million for the LPG terminal and other facilities such as, over 200 gas refilling outlets, over 2000 retail gas exchange outlet, bulk distribution trucks for LPG transportation and a dedicated vessel for coastal operations.

Barr. Patience Dappa, the Group Managing Director of the company, at the groundbreaking ceremony of the huge project in Port-Harcourt, expressed the strong confidence Masters Energy has in investing in the country and assured of more strategic oil and gas infrastructural projects in the future.

Bubbling with enthusiasm about the key project, Barr. Patience Dappa, remarked that the facility will create job opportunities and stimulate businesses within the oil and gas cosmos for the country’s labour market, and will be very instrument to the economic expansion of the host community, and the whole country at large.

Barr. Dappa disclosed emphatically: “In line with federal government gas infrastructure development plan, we have decided to embark on this audacious project of about $500 million, which includes  20,000MT  gas storage here in Energy city, over 200 gas refilling outlets, over 2000 retail gas exchange outlet, bulk distribution trucks for LPG transportation and a dedicated vessel for coastal operations.”

“Masters Energy Oil and Gas Limited was incorporated in Nigeria in 2005 and we have since expanded and diversified to assume leading sites not only in the oil and gas sector, but in Power, EPC, Petrochemicals, Aviation, dredging and shore, Shipping and Marine businesses.

“Our corporate vision is to be the world’s bench-mark in the oil and gas industry, with a mission to deliver world-class services to our clients through sound management system, innovation and technology; while ensuring adequate returns to our stakeholders.

“In line with the above, we have remained a highly creative company that is desirous of delivering unmatched values for stakeholders and partners. This has helped the company to break new grounds and attain greater heights.”

“These are the reasons why Masters Energy has proposed to build and operate a gas storage capacity of 20,000MT to receive and load out LPG( 28,000 CBM) and 12,000 CBM Propane.”

Barr. Patience Dappa further highlighted that the uniqueness of the project was that Masters Energy would be the first company to fuse both household and industrial gas usage infrastructure.

She further mentioned that the project features a fully automatic bottle filling machine (carousel) with a 1,200 bottling capacity per hour.

Speaking further: “As we commence work to deliver on this project, I want to take a moment to express my deepest gratitude to every one of you – our dedicated and hardworking team members. Your commitment, passion, and resilience have been the driving force behind our successes.

“As we anticipate the completion of this project in record time. we are very optimistic that the next time we invite you, it will be to commission this project. And we are here today to begin another layer of our corporate vision.

“And I must tell you we are excited about the possibilities that the future holds, as we empower communities, improve human capital and deliver a better country that we shall be proud of. We have an abiding faith in this country and we at Masters Energy are fully dedicated to investing more in this country’s critical infrastructure.”

Niglpgas.com is equally excited about Masters Energy’s 20,000 MT LPG terminal project, and hope it will be completely without any hitch, within the estimated completion timeframe.