…to deliver 300 million scf/ per day to the gas market.
… no record of a single lost time Incident (LTI)
Seplat Energy Plc has announced that the ANOH gas plant installation works reached mechanical completion on 29th December 2023, in line with the revised timetable.
This milestone has been achieved without a single recordable Lost Time Incident (LTI) across 11 million man-hours, a testament to the focus of the whole team on safe and secure operations.
The ANOH Gas Processing Company (AGPC), an incorporated joint venture between Seplat Energy and NNPC Gas Infrastructure Company (NGIC) Ltd, is delivering the ANOH gas plant with Phase One processing capacity of 300mmscfd.
Upon commencement of operations, the plant will deliver dry gas, condensate, and LPG to customers. It is envisaged that AGPC will sell the gas and LPG domestically, and the condensates to the international market.
The other key steps to first gas, as outlined in the Company’s Interim Results announcement, were the drilling and hook-up of the Upstream wells and completion of essential third-party infrastructure: the OB3 pipeline river crossing and Spur Line connecting OB3 to the gas plant.
Completion of the third well (ASSN-05) was previously announced and the fourth and final well (ASSN-06) planned ahead of first gas has also now been completed by the upstream unit operator, SPDC.
We now look forward to the completion of the necessary plant pre-commissioning activities and essential third-party infrastructure which will enable commissioning of the gas plant and commencement of operations. Our previously communicated guidance for the first gas is unchanged.
Roger Brown, Chief Executive Officer of Seplat Energy, said:
“ANOH is an important strategic project for Seplat, it will roughly double our gas production, and we are focused on the path to first gas.
“Once completed, ANOH will provide two income streams for Seplat: wet gas sales from OML 53 to the gas plant and dividends from the joint venture ANOH Gas Processing Company, which will operate the plant.
“ANOH’s gas will further reduce Seplat’s and Nigeria’s carbon intensity and increase energy supplied to the Nigerian domestic market.”
An economist, Ope Oluwa while reacting to this development stated:
“We must acknowledge the new frontiers Seplat is resolutely pushing with regards to gas development.”
He said: “Assa North Ohaji South (ANOH) gas project being built by Seplat and NNPC will produce the first gas by Q1/2024. The ANOH project has now achieved 100% mechanical completion. Experts say the project ranks among the country’s biggest gas condensate development projects. The first stage is to deliver 300 million standard cubic feet per day to the gas market. ANOH project is a critical gas project and an important part of Nigeria’s gas revolution because it will feed the Ajaokuta-Kaduna-Kano project, The Escravos-Lagos Pipeline, and the Obiafu-Obrikom-Oben project.”
“There is also Sapele gas processing plant being upgraded. According to the Seplat, the Sapele gas processing plant is at 60% completion and the first gas is expected Q4/2024. The plant is being upgraded to increase it capacity to 85 million standard cubic feet per day(MMscfd)to deliver export-standard gas.
The company highlights the fact that the plant will have a liquefied Petroleum Gas (LPG) processing module, which will open new markets for LPG products. Also, associated gas compressors have been installed and will capture otherwise flared gas for processing and sale.
Seplat is also investing in an entirely new gas plant project in Sapele. The investment is worth $250 million.
One major problem for Seplat has been inadequate capital.
That is why I am excited about the potential launching of the African energy bank to be supported by Afriexim Bank in June this year whose headquarters I hear may be in Abuja. There is also the ECOWAS energy bank in the pipeline.’
