Seplat Vitality Plc has recommit to harnessing the huge alternatives and play a key function in driving transformation in Nigeria’s power sector.
The corporate mentioned the large gasoline sources in its asset portfolio present an enormous alternative to spice up Nigeria’s electrical energy era and lead improvement of the nation.
The Chief Government Officer, Seplat Vitality, Roger Brown, whereas talking on a panel session on the Nigerian Worldwide Vitality Summit (NIES), in Abuja, mentioned: “We now have a powerful dedication to sustainability and sound governance and we imagine that is necessary to IOCs once they divest belongings.
“We’re a listed firm sure by robust sustainability and governance calls for of regulators and buyers in Nigeria and elsewhere, and so there’s a excessive diploma of assurance that we are going to be very clear about what we do with these belongings and the way we glance after the surroundings.”
Brown mentioned the alternatives in Nigeria have been very huge, particularly sub-surface alternatives, and Seplat Vitality remained dedicated to harnessing these alternatives and driving transformation in Nigeria.
“With these asset acquisitions coming by means of, it’s a new daybreak for Nigeria and the Nigerian folks. It is a chance to develop and rework Nigeria; and SeplatEnergy Group can be a really dominant participant on this house,” Brown mentioned.
“With the acquisition of Mobil Producing Nigeria Limitless- renamed Seplat Vitality Producing Nigeria Limitless (SEPNU), Seplat Vitality is now one of many largest oil and gasoline producers in Nigeria, and as a associate to authorities, the corporate is aligned with its drive to extend oil and gasoline manufacturing within the nationwide curiosity.”
In response to Brown, Seplat Vitality has proved itself to be a extremely credible operator and steward of Nigeria’s pure sources. “We now have been working for greater than 15 years and our twin itemizing in 2014 confirmed that worldwide monetary markets had confidence within the firm and its enterprise mannequin. It’s because we’ve confirmed ourselves to be very able to buying belongings and enhancing their manufacturing, which advantages everybody in Nigeria.”
