Seplat Energy plc, an indigenous energy company, has reaffirmed its commitment to sustainable business practices, aiming to end gas flaring by 2025 and expand clean energy solutions. The company seeks to address the dual challenges of ensuring energy security and meeting climate change mitigation targets.
At the Society of Petroleum Engineers (SPE) Nigerian Council’s 47th Nigeria Annual International Conference & Exhibition (NAICE), Seplat Energy’s Director of New Energy, Okechukwu Mba, emphasized the company’s resolve to displace diesel with gas and promote clean energy through Liquefied Petroleum Gas (LPG) installations.
To achieve its goal of ending routine gas flaring by 2025, Seplat Energy is progressing efforts to secure evacuation options for unprocessed associated gas and constructing the Sapele Integrated Gas Plant (SIGP), scheduled for completion in H2 2024. Other key flare-out projects are also on track for completion.
Seplat Energy’s Tree4Life initiative, a large-scale tree planting project, aims to increase forest cover and carbon sequestration efforts. The company’s efforts to drive LPG penetration in Nigeria have received commendations, expected to boost supply and promote accessibility and energy security.
Mba emphasized the importance of strong partnerships with suppliers to prevent production deferment and downtime, ensuring value delivery to Seplat Energy and its stakeholders. He also highlighted the opportunity for Nigeria to leverage its gas resources to address energy challenges and boost energy access.