Investor Presentaiton
ADDITIONAL VALUE CREATION FROM GAS
Ending flaring and developing LPG business will add substantial revenues
END FLARING AND MONETISE GAS INSTEAD
> Nigeria flares estimated 330 Bscf associated gas annually,
enough to create 450,000 MT LPG
> Nigerian Gas Flare Commercialization Programme aims to end
flaring by end of 2020 and divert the gas for sale
> Seplat is committed to ending flaring as soon as possible
> Procured four gas compressors for Sapele field, where most
flaring occurs (=25MMscfd), will reduce flaring by 90%
› Already capturing and monetising 40MMscfd at Oben
DEVELOP LPG FOR LOCAL MARKETS
> Convert remaining low-pressure flares to LPG and sell to
credible off-takers in nearby markets
> ANOH has significant potential for LPG sales
37 SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC | INVESTOR PRESENTATIONView entire presentation