February 4, 2023

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Seplat Power’s transition priorities excite world stakeholders


Seplat Power Plc, main Nigerian power firm listed on the Nigerian Trade and the London Inventory Trade, says that its power transition priorities stay to finish flaring, monetise fuel, displace diesel and biomass with cleaner gas, lengthen alongside energy worth chain and goal smaller scale gas-to-power prospects.

Roger Brown, Seplat Power CEO mentioned this whereas addressing world power gamers on the Africa Power Week (AOW) occurring in Cape City, South Africa.

Brown, whist delivering a Keynote on the Convention primary stage themed: Power Safety in a Constantly Shifting Power Panorama, mentioned: “As a frontrunner on this area, our priorities a s far as power transition is anxious, is to finish flaring, monetise fuel, displace diesel and biomass with cleaner gas, lengthen alongside energy worth chain and goal smaller scale gas-to-power prospects, while exploring new alternatives.”

Seplat Power, he famous, at the moment produces 300MMscfd, which is sufficient to energy 1GW per day. The corporate ANOH and Sapele fuel tasks have the capability to gas one other 2GW by 2024.

“However we have to displace 20GW diesel era with utility-scale gas-to-power / renewables. We are going to develop bottled fuel merchandise to displace biomass with cooking fuel; and lengthen alongside worth chain into energy era with fuel and hybrid mannequin,” the Seplat power CEO careworn.

In accordance with Brown, offering extra inexpensive and dependable power will increase Nigeria’s economic system, drive growth and create jobs.

He described the Nigerian market as an enormous alternative for the Firm, noting that with a future inhabitants projected at 500 million folks by 2050, Nigeria represents an enormous funding alternative throughout the complete power sector.

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