Seplat Supplies 30% of Total Gas-to-Power Generation in Nigeria
CHIGOZIE AMADI
Seplat Energy Plc, a leading Nigerian independent energy company, has revealed that it currently supplies 30 per cent of the total gas needed to ensure electricity is provided by the Generation Companies (Gencos), saying that it remains committed to leading Nigeria’s indigenous gas revolution.
The Managing Director, Seplat Energy Producing Nigeria Unlimited (SEPNU), Mr. Oladotun Isiaka, gave this assurance at the just concluded Offshore Technology Conference (OTC) in Houston, United States, a statement by the firm said.
Isiaka spoke on a panel session titled: ‘‘Harnessing Nigeria’s Gas Potential for Domestic Utilisation and Global Export Market’’, organised by the Petroleum Technology Association of Nigeria (PETAN).
Isiaka also called for greater collaboration across the gas value chain to turn Nigeria’s gas potential into tangible prosperity, adding that Nigeria holds a strategic opportunity to leverage its gas reserves for domestic development and global competitiveness.
Stressing that Seplat Energy is leading as a Nigerian independent, with strong operational and investment commitments in the domestic gas value chain, he noted that indigenous leadership, backed by supportive policies and financing models, remains critical to Nigeria’s gas sector growth.
“On Seplat Energy’s contributions to Nigeria’s gas development, Isiaka said the company is a leading supplier of processed gas to Nigeria’s domestic market – operating the Oben and Sapele Gas Processing Plant with combined capacity exceeding 300 MMscfd, supplying approximately 30 per cent of gas-fired power generation in-country,” the statement noted.
It pointed out that Seplat Energy is also developing the ANOH Gas Processing Plant – a 300 MMscfd facility expected to come online in 2025 under a joint venture owned equally by Seplat Energy and the Nigerian Gas Infrastructure Company (NGIC), a wholly owned subsidiary of Nigerian National Petroleum Company Limited (NNPC).
Also, Isiaka said the SEPNU offshore gas has huge potential to develop for both domestic and export markets, with significant reserves close to infrastructure.
These, he said are aside from the company’s focus on promoting clean energy access, its investment in gas development supports Nigeria’s ‘Decade of Gas’ strategy with investments in Compressed Natural Gas (CNG) for transport; Liquefied Petroleum Gas (LPG) for clean cooking; and electrification pilots in underserved communities.