Oil & Energy
‘$700m ANOH Gas Investment’ll Address Power Deficit’
Seplat Petroleum Development Company Plc has said the planned $700m Assa North/Ohaji South gas and condensate field project is expected to contribute significantly in addressing Nigeria’s power shortage when completed.
The project is managed by ANOH Gas Processing Company, an incorporated joint venture between Seplat and the Nigerian Gas Company, according to a statement.
It said AGPC would develop a midstream plant, with a capacity of 300 million standard cubic feet of gas per day, on Oil Mining Lease 53 to process future wet gas production.
The Chief Executive Officer, Seplat, Mr Austin Avuru, in his address at a recent forum, said Nigeria held 37 per cent of total proved gas reserves on the continent, adding that the majority was concentrated in the Niger Delta.
According to him, Domestic Supply Obligation price has increased to commercial levels and non-DSO prices are determined on a willing buyer/willing seller basis, opening up new vista of growth for Seplat’s gas business.
He said, “Nigeria is one of the largest economies in Africa with a population in excess of 201 million; 50 per cent are urban dwellers while 62 per cent is less than 25 years in age and 93 per cent is less than 55 years in age.”
He noted that the country had been projected to grow to a population of 450 million people by 2050 (highest population growth in Africa) and become the third most populated country globally (behind only China and India).
“This will spur a high demand from power industries and other commercial enterprises,” Avuru said.
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Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
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