Triansel Gas Limited is a special purpose vehicle (SPV) company entered by Chimons Gas Limited and the Nigeria Content Development and management Board (NCDMB) at 59.1% and 40.9% equity stake respectively.
The terminal will serve as a holding facility for Chimons Gas Ltd and other 3rd party companies While earning Throughput fees in the process.
CONSTRUCTION STATUS UPDATE:
The construction of the 5.525 Mt LPG facility started effectively in August 2021, and the project execution is going smoothly as planned. Several milestones have been achieved and the prospect of completing the project on schedule is high.
This strategic partnership with the NCDMB is currently making remarkable strides in the construction of a cutting-edge LPG storage terminal in Koko, Delta State. This state-of-the-art facility boasts a substantial capacity of 5,525 metric tonnes for Butane and 3,000 metric tonnes for Propane.
This terminal will be perfectly equipped to accommodate medium-sized vessels, facilitating the handling of an estimated 156,000 metric tonnes of LPG annually. Furthermore, it will serve as a critical storage hub for LPG trucks originating from inland sources.
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- Structural Fabricated Support Stand and Firewater Line Structures
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- Administration Block
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- Jetty & Functionaires
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- Site Overview Tank 2
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- Site Overview Tank 1
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- Cracking of the Pile Head for The Tank Base 2
Our unwavering commitment to this ambitious venture extends beyond economic benefits; it’s a testament to our dedication to advancing the role of an indigenous company within the Liquefied Petroleum Gas (LPG) industry in Nigeria. We firmly believe that by establishing such infrastructure, we contribute not only to our own growth but also to the development of the LPG sector in the country.
We take great pride in our approach to community engagement. The host communities play a pivotal role in our operations, with many of their members serving as valuable employees. Additionally, we remain steadfast in our commitment to corporate social responsibility, ensuring that our host communities benefit from our initiatives.
At Chimons Gas Ltd, we are not just building a terminal; we are shaping the future of the LPG industry in Nigeria while fostering economic growth and sustainable development in the communities we serve.
