Bad news travels at the speed of light; good news travels like molasses QUIRKY JOKE

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In a strategic positioning for optimal value extraction from the recently awarded Natural Gas Liquid contracts, West Africa Gas Limited (a JV between Sahara Energy and NNPC) will take delivery of two LPG carriers - Halls 8182 and 8183 in Ulsan South Korea.

West African Gas Limited was recently listed as a potential offtakers of NGLs from NNPC under the 2017 term contract.

The JV was incorporated in 2013 with a view of deepening the market for Nigerian LPG across the globe. However, it is still unclear how this development will impact the availability of LPG in the local market as bulk of LPG from the Crude Oil Marketing Division (COMD) of NNPC are earmarked for export.