Seplat Energy Plc has announced the successful completion of mechanical and installation works at its Anoh gas plant, a development to significantly bolster the company’s gas production capacity upon full operation.
Situated near Owerri in Nigeria’s southeastern region, the Anoh gas plant stands as a collaborative effort between Seplat Energy Plc and NNPC Gas Infrastructure Company Ltd.
Roger Brown, Seplat’s Chief Executive Officer, emphasized the strategic significance of the Anoh project, stating, “Anoh is an important strategic project for Seplat.”
He highlighted the anticipated dual revenue streams that the project is expected to generate—primarily from gas sales sourced from the company’s OML 53 field to the plant, as well as dividends stemming from the joint venture operating the facility.
Anticipating a substantial surge in production capacity, Seplat, a prominent oil and gas producer listed on both the Lagos and London stock exchanges, envisions the Anoh plant processing up to 300 million cubic feet of gas daily after the completion of its initial development phase.
The output is slated to consist of dry gas, condensate, and liquefied natural gas (LNG). The company plans to target the domestic market for the sale of liquefied petroleum gas (LPG) while exporting condensates to the international market.
Experts say the expansion in production capacity and the diversification of products for domestic and international markets position Seplat Energy Plc for a significant stride in the energy sector.