Seplat Petroleum Development Company Chairman, Dr. Bryant Orjiako has opened up on his 700 million dollars (N254,100,000,000) gas processing plant in Ohaji Egbema Council Area of Imo state.

He said; “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.”