Seplat Energy Plc is rising to the challenge of energy deficit in Nigeria through its new critical projects, which, it said, were capable of taking the company’s gas processing capacity to 850 million standard cubic feet per day (MMscfd) consolidating the company’s position as a leading gas supplier to the Nigerian market.

The Director, New Energy, Seplat Energy, Mr. Okechukwu Mba, said this while delivering a keynote at the ongoing Society of Petroleum Engineers (SPE) Nigerian Council’s 47th Nigeria Annual International Conference & Exhibition (NAICE) in Lagos, according to a company’s statement yesterday.

Mr. Mba, who represented the CEO of Seplat Energy, Mr. Roger Brown, spoke on the Conference theme: “Petroleum Industry Value Chain Optimisation: The Inevitability of Midstream and Downstream Development.”

He said the company’ new $700 million ANOH gas project in Imo State, with a capacity of 300MMscfd of gas in addition to Liquefied Petroleum Ga (LPG) would greatly boost domestic gas supply.

He said: “Also completing a new 85MMscfd gas plant in Sapele Delta state expected to come on stream by Q4 this year. These new projects bring Seplat Energy’s gas processing capacity to 850MMscfd consolidating our position as a leading gas supplier to the domestic market.”

He said Seplat energy was also looking to invest in Compressed Natural gas (CNG) projects in support of the government’s CNG initiative. He said: “When we receive approval for the MPNU transaction, we intend to promptly develop the significant gas resources in the asset to further enhance Nigeria’s energy security.

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