Seplat Energy Urges Stakeholder Collaboration to Unlock Nigeria’s Gas Potential

Seplat Energy PLC has emphasized the need for greater collaboration across the gas value chain to transform Nigeria’s vast gas reserves into meaningful economic gains and national prosperity.

The Managing Director of Seplat Energy Producing Nigeria Unlimited (SEPNU), Mr. Oladotun Isiaka, made the call during a panel session at the ongoing Offshore Technology Conference (OTC) in Houston, Texas.

Speaking on the theme “Harnessing Nigeria’s Gas Potential for Domestic Utilisation and Global Export Market” — a session organized by the Petroleum Technology Association of Nigeria (PETAN) — Isiaka underscored Nigeria’s strategic opportunity to leverage its gas wealth for both domestic development and international competitiveness.

“Nigeria has over 200 trillion cubic feet (Tcf) of proven gas reserves, placing it among the top 10 globally,” he said. “The country stands at an inflection point: to use gas to power its population, drive industrialisation, and capture value from global exports.”

He further stressed the importance of indigenous leadership, backed by supportive government policies and innovative financing models, in scaling up investments and infrastructure across the sector.

Seplat Energy is a key player in Nigeria’s gas sector, currently operating the Oben and Sapele Gas Processing Plants with a combined processing capacity exceeding 300 million standard cubic feet per day (MMscfd). These facilities are responsible for supplying roughly 30 percent of Nigeria’s gas-fired power generation.

In addition, the company is constructing the ANOH Gas Processing Plant, a 300 MMscfd facility scheduled for commissioning in 2025. The ANOH 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 Limited (NNPC Ltd).

“Seplat Energy is committed to leading Nigeria’s indigenous gas revolution,” Isiaka affirmed. “We believe in energy for all, powered by gas, guided by sustainability, and driven by Nigerian expertise.”

He argued that natural gas should be viewed not only as a transition fuel but as a catalyst for Nigeria’s economic growth. Gas, he noted, must displace traditional biomass fuels used in cooking and oil-based fuels such as diesel commonly used in generators across the country.

“Gas is the growth engine for Nigeria’s energy future. It must replace inefficient and polluting fuels to drive inclusive development,” he said.

The Seplat MD’s remarks come at a time of renewed government focus on gas expansion as part of Nigeria’s energy transition strategy and broader economic diversification agenda.