07 November 2017, Sweetcrude, Lagos – ASPM Limited, a subsidiary of OVH Energy Limited, has launched its Lagos Midstream Jetty, LMJ, located at Apapa Habour.
The LMJ is West Africa’s first privately-owned midstream jetty conceived byWale Tinubu, to increase the delivery capacity and offloading efficiency of petroleum products into marketers’ storage facilities at Apapa, Lagos.
The jetty is expected to alleviate the age-long infrastructural hiccups experienced in Apapa, eliminating the lightering and demurrage charges currently being incurred by petroleum marketers to the tune of N8.3 billion and N9.8 billion respectively, said Chairman OVH Energy, Wale Tinubu during the launch in Lagos on Tuesday.
It has a capacity to receive vessels of 45,000 Dead Weight Tonne, the LMJ will discharge at up to 800m3 cubic meters of petroleum products per hour.
The jetty will operate 24 hours a day to supply products into storage facilities situated within the Apapa axis, via a three-kilometre submarine pipeline network in Nigeria.
The jetty which is configured to receive all white products namely petrol, diesel and kerosene, consists of a simple horizontal platform, five berthing dolphins, and four mooring points.
Speaking further, Tinubu said: “The Lagos Midstream Jetty was conceived as an innovative industry solution to the perennial challenges marketers face in the importation of petroleum products”.
General Manager, ASPM Limited, Mr Deji Osikoya, stated that “The Lagos Midstream Jetty is an innovative infrastructure investment designed to radically transform the efficiency of Nigeria’s downstream landscape and boost Nigeria’s petroleum downstream economics.
“We expect the Jetty to become an extremely valuable and viable portfolio especially for marketers, reducing delays caused by infrastructure limitations in Lagos, thus improving marketers’ services delivery and profitability and reducing the financial drain on the nation’s resources.”
The jetty is equipped with a gangway tower to facilitate vessel discharge operations and an on-shore control station at Alapata, Apapa, which serves as the central control centre for its off-shore and on-shore operational activities fully equipped with an automated process control system.