REG - Seplat Energy PLC - ANOH Gas Project Achieves First Gas

Seplat EnergyAnnouncement

20/01/2026 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260120:nRST5100Pa&default-theme=true

RNS Number : 5100P  Seplat Energy PLC  20 January 2026

 

Seplat Energy Plc

("Seplat Energy" or the "Company")

 

ANOH Gas Project Achieves First Gas

 

Lagos and London, 20 January 2026:  Seplat Energy Plc ("Seplat" or the
"Company"), a leading Nigerian independent energy company listed on both the
Nigerian Exchange Limited and London Stock Exchange, is pleased to announce
that the 300 MMscfd ANOH gas project has achieved first gas.

 

Following completion of the 11km Indorama gas export pipeline and receipt of
regulatory approval from the Nigerian Upstream Petroleum Regulatory Commission
(NUPRC), on Friday 16(th) January 2026, ANOH Gas Processing Company (AGPC)
commenced gas supply to Indorama, under a firm and interruptible offtake Gas
Sales Agreements (GSAs).  To enable the flow of gas, the four upstream wells,
which had been on standby since November 2025, were brought online.

 

Since first gas, wet gas production has been stabilizing, delivering 40-52
MMscfd of processed gas directly from the ANOH gas plant to the Indorama
Petrochemical Plant. Condensate production has reached 2.0-2.5 kboepd and is
expected to increase with gas production as the plant ramps up to design
capacity.

 

In addition, preparations are underway to initiate sales of processed gas to
the Nigeria LNG (NLNG) with an offtake agreement structured on an
interruptible basis and will support the gas plant to further scale production
towards full design capacity of 300MMscfd. Meanwhile, the construction of the
OB3 pipeline export route by Nigerian Gas Infrastructure Company (NGIC),
originally designated as the primary channel for ANOH gas supply to the
domestic market, has resumed and a revised completion date will be
communicated in due course.

 

The ANOH gas plant was developed by AGPC, an incorporated joint venture
between Seplat Energy and the NGIC. The integrated plant consists of two 150
MMscfd gas processing units, Liquefied Petroleum Gas (LPG) recovery units,
condensate stabilization units, a 16MW power plant and other supporting
facilities, and has been built to operate with zero routine flares.

 

Across the unitised field of OML 53 and OML 21, the ANOH gas plant unlocks an
estimated 4.6 Tcf condensate rich gas resource base. Seplat's working interest
2P reserves in the unitised field, as booked at year end 2024, stood at 0.8
Tcf.  Seplat will derive value from two distinct income streams: wet gas
sales from OML 53 to the ANOH gas plant, and dividends from its 50% equity
ownership in AGPC.

 

The LPG produced from ANOH, combined with the LPG production at Sapele and the
Bonny River Terminal (BRT), will make Seplat a leading supplier of clean
cooking fuel to the domestic market. In addition, the ANOH gas plant will
process the flared gas from the Ohaji field, enabling Seplat to achieve its
onshore End of Routine Flaring programme, a key commercial and sustainability
initiative for the company.

 

The ANOH gas plant has been developed without a single recordable Lost Time
Incident (LTI) across 17.5-million-man hours, a testament to the focus of
the whole team on safe and secure operations.

 

Roger Brown, Chief Executive Officer of Seplat Energy, said:

 

"ANOH is the first of the seven critical gas development projects identified
by Federal Government of Nigeria to commence operations. It is an important
strategic project for Seplat, our partner NGIC, and Nigeria as a whole. It has
taken a significant amount of commitment and hard work to complete the project
in a part of the onshore Niger Delta with limited gas pipeline infrastructure,
and we are extremely proud of this achievement.  This is our third major gas
processing facility onshore and increases our Joint Venture gross gas
processing capacity onshore to over 850 MMscfd.

 

"ANOH will provide material income streams for Seplat, reduce our carbon
intensity and contribute significantly to the 2030 production target of 200
kboepd, set at our recent CMD. It will also increase energy access for
Nigerians in terms of both power and clean cooking fuel for the local
communities, while advancing delivery of our mission to support economic
prosperity in Nigeria."

 

Signed:

 

 

 

 

Eleanor Adaralegbe

Chief Financial Officer

 

Enquiries:

 

 Seplat Energy Plc
 Eleanor Adaralegbe,  Chief Financial Officer
 Chioma Afe,          Director External Affairs and Social Performance
 Edith Onwuchekwa,    Director Legal/Company Secretary
 James Thompson,      Head of Investor
                      Relations
 FTI Consulting       Ben Brewerton / Chris Liang                    +44 (0) 203
                      727 1000 seplatenergy@fticonsulting.com
                      (mailto:seplatenergy@fticonsulting.com)

 

About Seplat Energy

Seplat Energy Plc is Nigeria's leading indigenous energy company. It is listed
on the Premium Board of the Nigerian Exchange Limited (NGX: SEPLAT) and the
Main Market of the London Stock Exchange (LSE: SEPL). Through our strategy to
Build a sustainable business and Deliver energy transition, we are
transforming lives by delivering affordable, reliable and sustainable energy
that drives social and economic prosperity.

 

Seplat Energy's portfolio consists of eleven oil and gas blocks in onshore and
shallow water locations in the prolific Niger Delta region of Nigeria, which
we operate with partners including the Nigerian Government and other oil
producers. Furthermore, we have an operated interest in three export terminals
including; the Qua Iboe export terminal and Yoho FSO, as well as an operated
interest in the Bonny River Terminal (BRT), and operate two large offshore NGL
recovery plants at Oso and EAP.

 

We operate three gas processing plants onshore, at Oben in OML 4 and Sapele in
OML 41 and the 300 MMscfd ANOH Gas Processing Plant in OML 53, an integrated
joint venture with NGIC. Combined, these gas facilities augment Seplat
Energy's position as a leading supplier of natural gas to the domestic power
generation market.

 

For further information please refer to our website ,
https://www.seplatenergy.com/ (https://www.seplatenergy.com/)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDAKCBNKBKBODD



            Copyright 2019 Regulatory News Service, all rights reserved