Seplat Energy said committed to leading Nigeria’s indigenous gas revolution
Ben Eguzozie
Seplat Energy PLC, leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, says it is committed to leading Nigeria’s indigenous gas revolution, with a strong belief in energy for all, powered by gas, guided by sustainability and driven by Nigerian expertise.
Oladotun Isiaka, the managing director, Seplat Energy Producing Nigeria Unlimited (SEPNU), said Nigeria holds a strategic opportunity to leverage its gas reserves for domestic development and global competitiveness, and Seplat Energy was leading as a Nigerian independent, with strong operational and investment commitments in the domestic gas value chain.
Nigeria has over 200 trillion cubic feet (tcf) of proven gas reserves; ranking among the top 10 globally. The country stands at an inflection point to use gas to power its population, industrialize, and capture global export value, according to gas value-chain experts.
Isiaka assured of Seplat’s gas production commitment at the ongoing Offshore Technology Conference in Houston, United States, while speaking on a panel session, “Harnessing Nigeria’s Gas Potential for Domestic Utilization and Global Export Market’ organised by the Petroleum Technology Association of Nigeria (PETAN).
He called for greater collaboration across the gas value-chain to turn Nigeria’s gas potential into tangible prosperity. He said indigenous leadership, backed by supportive policies and financing models, is critical to Nigeria’s gas sector growth.
He said Seplat Energy 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 percent of gas-fired power generation in-country).
Seplat Energy is also developing the ANOH Gas Processing Plant – a 300 MMscfd facility in Assa Ohaji Egbema in Imo State, which is expected to come online this 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 Ltd.
Also, the SEPNU offshore gas has huge potential to develop for both domestic and export markets, with significant reserves close to infrastructure. Beyond the energy 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.
Seplat Energy believes gas is not just a transition fuel — it is the growth engine for Nigeria’s energy future. Gas must displace biomass (used in cooking) and oil-based fuels like diesel (used in power generation sets), which are prevailing energy sources in Nigeria,” the SEPNU MD said.