‘Our Gas Intervention Impacting Nigeria’s Economy’

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Seplat Petroleum Development Company Plc has been at the forefront of investing in projects that will enhance gas utilization and domestication in Nigeria. Speaking after the company’s annual general meeting last week, the company’s chairman, A.B.C. ORJIAKO, described what makes Seplat standout and how its strides in gas production is impacting power supply in Nigeria, CHIKA IZUORA was there.

How was Seplat able to recover from the oil slump that happened few years ago?

 

Frankly, our business is not based on the volatility of the oil market. Our business is focused on the effective and efficient delivery of projects and operations. Therefore, we pride ourselves to be a low-cost bio-operating company and therefore, in spite of the volatility and low oil price, our business con-tinues to remain comfortable and that is really what we have demonstrated in the results you are see-ing and we will continue to build on that.

 

Your investment in the gas sector is enormous. Will we…



Source: Leadership Newspaper