SEPLAT RECEIVES OUTSTANDING INDIGENOUS CONTRIBUTOR TO GAS DEVELOPMENT AWARD

SEPLAT RECEIVES OUTSTANDING INDIGENOUS CONTRIBUTOR TO GAS DEVELOPMENT AWARD

An indigenous oil and gas firm, Seplat Petroleum Development Company Plc, has bagged the award of Outstanding Indigenous Contributor to Gas Development in Nigeria.

The oil and gas firm received the award at the recently held 2019 Annual Conference and Awards of the National Association of Energy Correspondents (NAEC) in Lagos, themed: “Harnessing Oil & Gas Potential for National Development”.

The General Manager, External Affairs and Communications, Dr. Chioma Nwachuku, who received the award for Seplat Petroleum, said the Company plays an active role in the Nigerian gas-to-power sector with its 525MMscfd gas processing capacity, emphasizing that the Company currently contributes about 25 to 30 percent of domestic gas to power supply in Nigeria.

Nwachuku, applauded NAEC for its industry-focused activities while thanking the body for honouring Seplat Petroleum for its well-deserved recognition.

Seplat Chief Executive Officer, Mr. Austin Avuru, who was represented by the General Manager, Strategy Economics and Planning, Mr. Anthony Agbojo, on a Panel titled: “Commercial Viability in Gas to Power Value Chain”, reeled out Seplat’s huge investments in Nigeria’s gas value chain and the multiplier effects the intervention had on the country’s economy.

Agbojo noted that Seplat remained committed to infrastructural development across all its facilities while maintaining high standards of asset integrity; citing the over $300million invested in the Oben gas plant expansion project.

“Future infrastructural investments include a 75MMscfd gas plant installation in the West (Sapele) and the Assa-North Ohaji South (ANOH) project in the East to add 300MMscfd capacity by 2021”, he said.  

He stated that the projects would help Seplat in increasing its total operated gas processing capacity by 80 per cent, adding that this is on course to achieving the company’s target to own and operate 1Bcfd of gas processing capacity by 2021.

 

The Sun