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- Expects 283,000 tons per day from ANOH and Sapele in Q4
Sopuruchi Onwuka
Leading indigenous energy company, Seplat, is bringing home the long awaited benefits from the shallow water assets previously operated by ExxonMobil in Nigeria, loading from the Bonny River Terminal (BRT) significant 12,000 metric tons of liquefied petroleum gas (LPG) for the domestic market.
Chief Executive Officer, Roger Brown, stated that the transformation of delivering cleaner energy solutions to drive inclusive growth resonates with the rising internal demand and climate action.
“Usage of gas and LPG is on the rise in Nigeria and reliable supply is critical in ensuring energy security in country as well as reducing carbon emissions and other harmful air pollutants. At SEPLAT, we are proud to be driving this transformation, delivering cleaner energy solutions that empower communities and drive inclusive growth,” Mr Brown declared in a media statement.
Seplat which acquired the assets previously held by Mobil Producing Nigeria Unlimited (MPNU) described the domestic LPG supply by its Seplat Producing Nigeria Unlimited (SEPNU) as a milestone that paves way for greater volumes that would flood the market by the end of the year.
The Oracle Intelligence reports that SEPNU now operates the joint venture with Nigerian National Petroleum Company (NNPC) Limited after acquiring the commercial interests of ExxonMobil in the JV.
In a statement on Monday, Seplat stated that the butane load-out was part of its commitment to enhance domestic energy security, and “a pivotal step in Seplat’s strategic drive to deepen local energy supply and reduce Nigeria’s dependence on imported cooking gas.
It would be recalled that ExxonMobil had had historically exported LPG from BRT despite acute scarcity in the country.
Seplat stated that the decision to reverse the market destination inwards forms part of a wider strategy to increase supply of LPG to the domestic market.
Seplat declared in the statement that it expected more volumes of cooking gas for the domestic market from its operated gas plants whose LPG units which are capable of producing 120MT per day and 163MT per day respectively.
The company’s newly constructed gas plants include the 300 million standard cubic feet per day (MMscfd) ANOH gas plant in Imo State and the 90 MMscfd Sapele gas plant in Delta State. The company says it expects both plants to be fully operational in the last three months of the year.
“By increasing the availability of locally sourced LPG, SEPLAT is not only improving energy access but also contributing to a substantial reduction in greenhouse gas emissions from traditional cooking fuels, estimated to be used by over 80% of Nigerian households,” the company declared.
