The Chief Executive Officer (CEO) of Seplat Energy Plc, Roger Brown, says Africa has abundant gas reserves which offer immediate solutions to the continent’s immediate and prevailing challenges if well leveraged.
Brown said this during the ongoing Africa Oil Week (AOW) Conference and Exhibition in Cape Town, South Africa, on Wednesday, October 9, 2024.
The Seplat CEO, while speaking during the AOW Gas Forum themed ‘Enhancing Africa’s Gas Capacity’, stated that gas will provide baseload power to facilitate growth in renewable energy which is still a relatively small proportion of the energy mix in Africa.
To decarbonise, Brown said the world needed to move away from coal as a primary source of electricity.
Brown said: “Gas will play a critical role in moving away from reliance on coal and oil for electricity.
“Messages are mixed, but it is vital that providers of capital see gas as an essential fuel source for Africa. Africa’s abundant gas reserves offer immediate solutions to immediate problems. There is therefore significant gas to deliver widespread electrification in Africa increasing the per capita electricity consumption.
Seplat, banks boost stock market by N241bn gain
“Africa’s development will require significant improvements in access to energy. Lower-cost, more reliable energy will drive job creation, prosperity and development. Gas can support achievement of many United Nations Sustainable Development Goals (SDGs) through its role in reducing costs, increasing energy access and increasing prosperity.”
According to Brown, bottled gas could avoid nearly half a million deaths due to biomass cooking, as well as protect habitats from deforestation.
“Natural gas is a cheap and immediate input for fertilizers needed to support large-scale agriculture. Gas is essential for basic infrastructure, as no commercially viable, low-carbon alternatives are anywhere near ready for cement, steel and glass production,” he added.
Brown, who also spoke in a panel session at the conference dubbed “Gas-to-Power: Unlocking Africa’s Potential”, noted that Seplat Energy sees gas as integral to Africa’s gas-to-power system, and can provide uninterrupted power where appropriate, or provide overnight baseload to support renewables.
“Gas is actually decarbonising Africa’s energy system when compared to the millions of domestic and business generators in use today. It produces half the CO2 emissions of diesel and burns more cleanly without particulates,” the Seplat boss stated.
Using the Seplat Energy ANOH Gas Plant as an example, Brown said when operational, the plant will support more than 1GW of grid-scale generation, displacing many small-scale generators.
The CEO said Seplat Energy is investing in its midstream gas business to deliver more gas and Liquefied Petroleum Gas (LPG) to the market while capturing more of the essential transition fuel and driving down carbon intensity.
Manchester City manager Pep Guardiola suffered a fifth straight defeat for the first time in…
The operatives of the Nigeria Police Force (NPF) have recovered unexploded military ordnances in Maiduguri,…
President Bola Tinubu has departed Rio de Janeiro in Brazil for Abuja after attending the…
Fire, on Saturday, November 23, 2024, gutted a section at the Ladoke Akintola University of…
Bukayo Saka and Thomas Partey scored stunning goals in the Premier League as Arsenal thrashed…
Lere Olayinka, the Senior Special Assistant on Public Communications and New Media to the Minister…
This website uses cookies.