Seplat Power Plc, a Lagos and London-listed oil and gasoline producer, has stated that its ANOH gasoline plant set up works reached mechanical completion on Dec. 29, 2023, consistent with the revised timetable.
Mrs. Chioma Afe, Director of Exterior Affairs & Social Efficiency at Seplat Power, disclosed this in an announcement on Wednesday in Lagos.
Afe emphasised the milestone achievement, underscoring the absence of any recordable Misplaced Time Incidents (LTIs) over 11 million man-hours.
- “The ANOH Fuel Processing Firm (AGPC), an included three way partnership between Seplat Power and NNPC Fuel Infrastructure Firm (NGIC) Ltd, is delivering the ANOH gasoline plant with Section One processing capability of 300mmscfd.
- “Upon graduation of operations, the plant will ship dry gasoline, condensate, and LPG to prospects.
- “It’s envisaged that AGPC will promote the gasoline and LPG domestically, and the condensates to the worldwide market,” she stated.
Plant to provide dry gasoline, condensate, liquefied petroleum gasoline (LPG)
Talking on the event, Roger Brown, the corporate’s chief govt officer, will present moist gasoline gross sales from OML 53 in addition to dry gasoline.
He said that can additional scale back Seplat’s and Nigeria’s carbon depth and enhance power provided to the Nigerian home market.
- “As soon as accomplished, ANOH will present two revenue streams for Seplat – moist gasoline gross sales from OML 53 to the gasoline plant and dividends from the three way partnership ANOH Fuel Processing Firm, which is able to function the plant.
- “ANOH’s gasoline will additional scale back Seplat’s and Nigeria’s carbon depth and enhance power provided to the Nigerian home market,” he added.
What it is best to know
- The gasoline plant, which is situated close to Owerri in Nigeria’s southeast, is a three way partnership between Seplat Power Plc and NNPC Fuel Infrastructure Firm Ltd.
- Seplat expects the plant to have the ability to course of 300 million cubic toes of gasoline a day following the conclusion of a primary improvement section, and that it’s going to produce dry gasoline, condensate, and liquefied nationwide gasoline.
- The LPG will probably be offered domestically, whereas condensates will probably be provided to the worldwide market, the corporate stated.
- “We now look ahead to the completion of the required plant pre-commissioning actions and important third-party infrastructure which is able to allow commissioning of the gasoline plant and graduation of operations.
- “Our beforehand communicated steerage for first gasoline is unchanged,” Afe outlined.
