Seplat Energy Champions Nigeria’s Indigenous Gas Revolution with Bold Investments

Seplat Energy PLC, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, is taking center stage in Nigeria’s indigenous gas revolution. At the Offshore Technology Conference in Houston, the Managing Director of Seplat Energy Producing Nigeria Unlimited (SEPNU), Mr. Oladotun Isiaka, reaffirmed the company’s commitment to unlocking Nigeria’s vast gas potential for domestic prosperity and global relevance.

Speaking during a high-level panel session titled ‘Harnessing Nigeria’s Gas Potential for Domestic Utilization and Global Export Market’, organized by the Petroleum Technology Association of Nigeria (PETAN), Isiaka highlighted Seplat’s leadership in driving clean energy access through gas-powered solutions.

“Gas is not just a transition fuel — it is the growth engine for Nigeria’s energy future,” Isiaka declared.

Operational Strength and Domestic Impact

Seplat Energy operates two key gas processing facilities — the Oben and Sapele Gas Plants — with a combined processing capacity exceeding 300 million standard cubic feet per day (MMscfd). This infrastructure supplies about 30% of Nigeria’s gas-fired electricity generation, underscoring Seplat’s role as a backbone of the domestic energy market.

The company is also at the forefront of expanding capacity with the upcoming ANOH Gas Processing Plant, a 300 MMscfd facility slated for commissioning in 2025. The ANOH project is a joint venture with the Nigerian Gas Infrastructure Company (NGIC), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Ltd).

Additionally, SEPNU’s offshore gas assets hold significant untapped potential for both local use and export, especially given their proximity to existing infrastructure.

Supporting Nigeria’s Decade of Gas Agenda

Seplat’s strategic investments align closely with the federal government’s Decade of Gas initiative. The company is channeling resources into Compressed Natural Gas (CNG) for transportation, Liquefied Petroleum Gas (LPG) for clean cooking, and rural electrification pilots, especially in underserved communities.

Isiaka emphasized the urgency of transitioning from biomass and diesel to cleaner alternatives, citing Nigeria’s 200 trillion cubic feet of proven gas reserves — one of the largest globally.

“Nigeria stands at an inflection point. We must harness gas to power our population, industrialize our economy, and unlock global export value,” he said.

Call for Collaboration and Policy Support

While Seplat is leading the charge, Isiaka underscored the importance of collaboration across the gas value chain. He called for more supportive policies and innovative financing models that would empower indigenous companies and accelerate Nigeria’s gas sector growth.

As the world eyes a cleaner energy future, Seplat Energy is positioning itself as a pivotal player — leveraging Nigerian expertise, infrastructure, and capital to redefine energy access across Africa’s most populous nation.