Seplat Energy, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has announced that the ANOH gas plant installation works reached mechanical completion on 29th December 2023, in line with the revised timetable.
The ANOH Gas Processing Company (AGPC), is an incorporated joint venture between Seplat Energy and NNPC Gas Infrastructure Company (NGIC) Ltd. It is delivering the ANOH gas plant with a Phase One processing capacity of 300mmscfd. The plant will deliver dry gas, condensate, and LPG to customers. Hopefully, the 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 the first gas has also now been completed by the upstream unit operator, SPDC.
The company looks forward to pre-commissioning activities, and then the commissioning and proper operations will begin.
Roger Brown, Chief Executive Officer of Seplat Energy, explained the importance of ANOH to his company. He said it would double the company’s gas production.
Upon completion, 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, he added.
“ANOH’s gas will further reduce Seplat’s and Nigeria’s carbon intensity and increase energy supplied to the Nigerian domestic market.”