Seplat Power PLC and Nigerian Fuel Infrastructure Co’s (NGIC) ANOH Fuel Mission, designed to supply as much as 300 million commonplace cubic toes a day (MMscfd), has begun supplying the Indorama Petrochemical Plant.
The Niger Delta mission’s 4 wells had been on standby since November. Flows to Indorama have now begun following the completion of an 11-kilometer (6.84 miles) pipeline and clearance by the Nigerian Upstream Petroleum Regulatory Fee, the Lagos-based firm mentioned in an announcement on its web site.
“Since first gasoline, moist gasoline manufacturing has been stabilizing, delivering 40-52 MMscfd of processed gasoline straight from the ANOH gasoline plant to the Indorama Petrochemical Plant”, Seplat mentioned. “Condensate manufacturing has reached 2.0-2.5 kboepd and is anticipated to extend with gasoline manufacturing because the plant ramps as much as design capability.
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“As well as, preparations are underway to provoke gross sales of processed gasoline to the Nigeria LNG with an offtake settlement structured on an interruptible foundation and can help the gasoline plant to additional scale manufacturing in the direction of full design capability of 300 MMscfd.
“In the meantime, the development of the OB3 pipeline export route by NGIC, initially designated as the first channel for ANOH gasoline provide to the home market, has resumed and a revised completion date can be communicated in the end”.
ANOH was developed by ANOH Fuel Processing Co (AGPC), a three way partnership equally owned by Seplat and NGIC. The built-in plant consists of two 150-MMscfd gasoline processing models, liquefied petroleum gasoline restoration models, condensate stabilization models, a 16-megawatt energy plant and different supporting amenities, in response to Seplat. It has been designed to function with zero routine flares, the corporate mentioned.
“Throughout the unitized discipline of OML [Oil Mining Lease] 53 and OML 21, the ANOH gasoline plant unlocks an estimated 4.6 Tcf [trillion cubic feet] condensate-rich gasoline useful resource base”, Seplat mentioned.
“Seplat’s working curiosity 2P [proven and probable] reserves within the unitized discipline, as booked at year-end 2024, stood at 0.8 Tcf. Seplat will derive worth from two distinct revenue streams: moist gasoline gross sales from OML 53 to the ANOH gasoline plant, and dividends from its 50 p.c fairness possession in AGPC”.
LPG from ANOH, mixed with LPG from the Bonny River Terminal and Sapele, would make Seplat a number one provider of cooking gas within the home market, it mentioned.
“As well as, the ANOH gasoline plant will course of the flared gasoline from the Ohaji discipline, enabling Seplat to realize its onshore Finish of Routine Flaring program, a key business and sustainability initiative for the corporate”, Seplat mentioned.
Seplat chief government Roger Brown mentioned, “ANOH is the primary of the seven important gasoline growth initiatives recognized by federal authorities of Nigeria to begin operations”.
“That is our third main gasoline processing facility onshore and will increase our three way partnership gross gasoline processing capability onshore to over 850 MMscfd”, Brown added.
“ANOH will present materials revenue streams for Seplat, cut back our carbon depth and contribute considerably to the 2030 manufacturing goal of 200 kboepd, set at our current CMD [capital markets day]”.
To contact the writer, electronic mail jov.onsat@rigzone.com
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