Nigeria LNG delivers landmark 3,000th cargo to Turkey
LNG Lokoja, one of the 23 vessels in NLNG’s fleet, with a 148,471 cubic metre capacity, sailed from Bonny Island Terminal in Rivers State on January 7, 2014, carrying 47,778,900 Million British Thermal Units (MMbtus) of LNG.
At a ceremony held aboard the NLNG Lokoja to mark the milestone, Managing Director and Chief Executive Officer of NLNG, Babs Omotowa, said: “Today, we deliver our 3,000th cargo of LNG to Botas Petroleum Pipeline Corporation.
“We take pride in the fact that this delivery demonstrates the consistency and reliability of NLNG as a world class energy supplier.
“It also underscores the excellent relationship we have with our customers. I also wish to recognise the diligence and dedication of our staff, the kind support of the government, our shareholders and our loyal customers.
“We remain fully committed to our aspiration to help harness the nation’s gas resources, and our vision to help build a better Nigeria.”
NLNG’s first cargo to Botas Petroleum Pipeline Corporation was delivered on board LNG Lagos at Marmara in November, 1999.
NLNG has loaded more than 200 cargoes for the Turkish energy company since the start of production at the Bonny Plant in 1999. NLNG currently supplies nearly 25 percent of Turkey’s LNG imports.
From 1999 to 2013, NLNG has converted more than four Trillion Cubic Feet (tcf) of associated gas to Liquefied Natural Gas (LNG) and Natural Gas Liquids (NGLs) for both export and domestic uses.
In doing this, the company has positively impacted on the country’s gas flaring status, helping to improve the environment while converting a previously wasted resource into wealth for the nation.
In addition, Nigeria LNG plans to construct a seventh train to complement the existing six train structure.
When in operation, Train 7 will boost the company’s total production capacity to 30 million tonnes per annum (MTPA) of LNG and potentially increase Nigeria’s supply of world LNG demand to 10 percent, bringing more value to government, shareholders, communities and local businesses among others.
NLNG is owned by four shareholders, namely, the Federal Government of Nigeria, represented by the Nigerian National Petroleum Corporation, NNPC (49 percent), Shell Gas BV, SGBV, (25.6 percent), Total LNG Nigeria Limited (15 percent), and Eni International (N.A,) N. V. S. a. r. l (10.4 percent).
5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly
Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.
Here, Business Chief talks to Janthana about her leadership style and skills.
What do you do, in a nutshell?
I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.
How would you describe your leadership style?
I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.
What’s the best leadership advice you’ve received?
Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.
How do you see leadership changing in a COVID world?
I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.
They say ‘from every crisis comes opportunity’, what opportunities do you see?
The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless.
What advice would you give to your younger self just starting out in the industry?
Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.