Seplat Energy PLC, a leading Nigerian independent energy company listed on the Nigerian Exchange and the London Stock Exchange, has reaffirmed its commitment to driving Nigeria’s indigenous gas revolution. The company says its vision is anchored on providing energy access for all, powered by gas, guided by sustainability, and led by Nigerian expertise.

Speaking at the Offshore Technology Conference (OTC) in Houston, Texas, the Managing Director of Seplat Energy Producing Nigeria Unlimited (SEPNU), Mr. Oladotun Isiaka, emphasized the importance of unlocking Nigeria’s vast gas reserves. He made the remarks during a panel session titled “Harnessing Nigeria’s Gas Potential for Domestic Utilization and Global Export Market” hosted by the Petroleum Technology Association of Nigeria (PETAN).

Isiaka called for deeper collaboration across the entire gas value chain to transform Nigeria’s gas wealth into sustainable economic growth.

He stressed that local leadership, combined with enabling policies and innovative financing, is crucial to advancing Nigeria’s gas sector.

Highlighting Seplat’s ongoing contributions, Isiaka revealed that the company supplies about 30% of Nigeria’s gas for power generation. It operates the Oben and Sapele gas processing plants, which together have a processing capacity exceeding 300 million standard cubic feet per day (MMscfd).

Additionally, Seplat is building the ANOH Gas Processing Plant, another 300 MMscfd facility set to become operational in 2025. The project is a 50:50 joint venture between Seplat Energy and the Nigerian Gas Infrastructure Company (NGIC), a subsidiary of the Nigerian National Petroleum Company Ltd.

Isiaka also pointed to the untapped potential of SEPNU’s offshore gas reserves, which are strategically located near existing infrastructure and suitable for both local use and export.

Beyond infrastructure, Seplat’s gas investments support Nigeria’s Decade of Gas initiative. These include projects in compressed natural gas (CNG) for transportation, liquefied petroleum gas (LPG) for cleaner cooking fuels, and rural electrification programs.

“Nigeria has over 200 Tcf of proven gas reserves; among the top 10 globally. The country stands at an inflection point: use gas to power its population, industrialize, and capture global export value. 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,” Isiaka stated.