Seplat Energy Plc is set to boost Nigeria’s foreign exchange earnings by launching gas exports, leveraging its recent acquisition of Mobil Producing Nigeria Unlimited (MPNU), which added over 14 trillion cubic feet of gas reserves and key infrastructure. Speaking at OTC 2025 in Houston, MD Dotun Isiaka said the move aligns with Seplat’s goal to lead in both domestic and international gas markets.
With existing facilities capable of processing 1.7 billion cubic feet per day, Seplat aims to expand beyond local supply, seeing natural gas as vital to economic growth and Nigeria’s energy transition.Seplat Energy’s MD, Dotun Isiaka, revealed that the company’s gas processing capacity is 550 MMscfd across its Oben and Sapele plants, though current output falls short by 200 MMscfd. To close this gap, Seplat is exploring partnerships with nearby suppliers.
He also provided updates on the near-complete 300 MMscfd ANOH Gas Plant, initially intended for domestic use, but now being considered for export to maximize value. Isiaka highlighted Seplat’s leadership in Nigeria’s energy transition and stressed the need for industry-wide collaboration. The export push aligns with national efforts to boost non-oil forex earnings amid rising global demand for cleaner energy.
