In a significant leap forward in Nigeria’s efforts to become self-sufficient in domestic gas supply, a new milestone has been achieved. Matched closely to the energy giant Aliko Dangote’s refinery completion, a Nigerian company has announced the successful completion of new gas plants. It is now ready to infuse the market with its gas supplies, stimulating local industries and reducing a long-standing reliance on imported gas.
“Like a torchbearer following the footsteps of Dangote’s refinery, our gas plants’ completion marks another significant stride in Nigeria’s energy ecosystem. It’s time to fuel our own growth.”
Ready to delve in and learn more about this exciting development? Here’s what’s in store for you:
Seplat Energy has wrapped up construction of its ANOH gas plant, ready for its launch.
Increased local production might lead to a decrease in cooking gas prices.
The Nigerian-born billionaires, Austin Avuru and Ambrosie Bryant Chukwueloka Orjiako are at the helm of Seplat Energy.
You’ll be pleased to hear about the latest development from a prominent Nigerian energy firm, Seplat Energy Plc. They’ve completed their ANOH gas plant and are all set to bring it into operation.
Located in OML 53, Niger Delta, this gas plant is primed to provide an array of products, including dry gas, condensate, and Liquefied Petroleum Gas (LPG)—commonly known as cooking gas. And here’s the great news—it will cater to both local and international customers.
Seplat energy gas plant
In a recent announcement by Chioma Afe, the Director of External Affairs and Social Performance at SEPLAT Energy, the construction of the ANOH gas plant has achieved mechanical completion as of December 29, 2023. This milestone falls perfectly inline with their updated schedule, as reported on NGX.
Emeka Onwuka, the company’s Chief Financial Officer, also made remarks in this statement, providing further insight on the development. Details of his remarks will be elaborated within the body of this article.
“This milestone has been achieved without a single recordable Lost Time Incident (LTI) across 11 million man hours, a testament to the focus of the whole team on safe and secure operations.“
Benefits of the gas plant
According to Punch, the plant is set to provide customers with a range of commodities. These include dry gas, condensate, as well as Liquefied Petroleum Gas (LPG), also commonly referred to as cooking gas.
Onwuka clarified that despite the dry gas and cooking gas being available for domestic sale within Nigeria, Seplat Energy announced that the condensates will be offered to the international market.
The company further contributed the following statement:
“The other key steps to first gas, as outlined in the Company’s Interim Results announcement, were the drilling and hook-up of the Upstream wells and completion of essential third-party infrastructure: the OB3 pipeline river crossing and Spur Line connecting OB3 to the gas plant.
“Completion of the third well (ASSN-05) was previously announced and the fourth and final well (ASSN-06) planned ahead of first gas has also now been completed by the upstream unit operator, SPDC.
“We now look forward to the completion of the necessary plant pre-commissioning activities and essential third-party infrastructure which will enable commissioning of the gas plant and commencement of operations.”
Marketers identify cabal behind the rising price of cooking gas in Nigeria
In a previous report by Legit.ng, it was revealed that the Nigerian Association of Liquified Petroleum Gas Marketers (NALPGAM) blamed LPG terminal operators for the high cooking gas prices in Nigeria.
The association’s president, Oladapo Olatubosun, shared this information during a gathering with the senate committee on gas, where he was joined by members of his team.
It’s worth noting that the price of this commodity has lately spiked to N1,200 per kilogram. This rise in cost has caused a significant amount of distress among Nigerians who are already struggling with escalating inflation and high living costs.