Orjiako: Why Seplat is Constructing $700m Gas Plant In Imo

Bryant Orjiako. Image: Twitter

BY ADEOLA YUSUF

OWERRI (NEW TELEGRAPH)
-- Chairman of Seplat Petroleum Development Company, Dr. Bryant Orjiako, has opened up on the construction of a multi-million dollar gas processing plant in Ohaji Egbema Council Area of Imo state.

Orjiako spoke when he led the management team on a courtesy call on the Imo Governor, Emeka Ihedioha, at the Government House, Owerri.

He said that the proposed company, which develops and commercialises gas, when fully functional, would transform the state in all spheres.

Highlighting the achievements of Seplat in the Niger Delta with regard to oil exploration and production, Orjiako called on the state government and the host communities to create the enabling environment for the project to materialise.

According to him, “shortly after we acquired our asset, OML 53, in Imo state in 2016. which was originally owned by Chevron, we have incrementally ramped up the production from less than 3,000 barrels per day, and currently doing 9,000 barrels per day.

“We are hoping that in the next 12 months we should be thinking of 15,000 barrels per day and that is the beginning of the things we are set to achieve.

“More importantly, we emphasise that we are a company that commercialises gas and also develops it, and as at today, we produce 30 per cent of gas to power in Nigeria and we are the only indigenous company doing this.

“Early this year, we made an investment decision to invest 700 million dollars in the ANOH project phase one, this project is going to be situated in Imo state.

“The most significant thing to say about this is to say that this project has been in the pipeline for over three decades but once we took over the asset, we made it a priority and obviously the trickledown effect of that project in Imo state is capable of completely synergizing with your vision for the state and will transform development in Imo state.

“What we expect is to have the right cooperation and for Imo state to also position itself and create the right environment for us to do business.”

Also on the team was the Chief Executive Officer of Seplat, Mr Austin Avuru, who further explained the benefits of the project.

He assured that the company would fulfill its corporate social responsibility to the state and especially the host communities as the company has done in Edo and Delta states.

In his words: “We will build trust with the communities and also build trust with your government, we will not come to disturb you, probably you won’t see us again but your key cabinet personel will monitor the things we do and report back to you.

“We supply one-third of the gas to plant in Nigeria, we are building another one of 75 MMscfd in Sapele, we will build this one in Ohaji Egbema because we supply gas to the domestic market.

“Most companies offer token to buy peace, so if there’s any troublesome person in that community we go to him and do certain things so he won’t trouble us, we don’t do that.

“Those that are fighting us in Sapele, we fought them, those who are going to work with us, we work with them, when those who are fighting us saw what was happening to those working with us, they turn around to work with us, we don’t pretend, we give you jobs we can do and develop your capacity to do bigger jobs.

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