Port Harcourt — Seplat Petroleum Development Company Plc has expressed its readiness and commitment to support the domestic gas penetration agenda of the Federal Government, and a huge appetite for even more asset acquisition.
The management of Seplat made this known during a courtesy visit to the Minister of State for Petroleum Resources, Chief Timipre Sylva, in Abuja.
The delegation was led by the Chairman of Seplat, Dr. A.B.C. Orjiakor; the Chief Executive Officer, Austin Avuru; Independent Director, Ifueko Okauru; Chief Financial Officer, Roger Brown; General Manager, External Affairs and Communications, Dr. Chioma Nwachuku; Executive Director of Operations, Effiong Okon; and the Company Secretary, Edith Onwuchekwa.
Orjiakor applauded the choice and appointment of Chief Sylva as the Minister of State for Petroleum Resources, noting that the tutelage he received during his stint as the Special Assistant to the former Minister of Petroleum Resources, Dr. Edmund Daukoru, had prepared him to deliver excellently.
The Seplat’s boss further namechecked the company’s pioneer role of asset acquisition and how it has conscientiously grown into a fully Nigerian company with a global outlook, stating that “Seplat leads from the front.”
Also, Seplat’s Chief Executive Officer, Austin Avuru, noted that the solid homegrown capacity of the company has rightly positioned it to fully embrace public sector partnerships while stating SEPLAT’s successful ventures with NNPC, NAPIMS, NPDC and Nigerian Gas Marketing Company.
Seplat’s Chief Financial Officer, Roger Brown, was excited to share Seplat’s solid balance sheet which he said was, a result of disciplined fund management and brand positioning.
Responding, the Minister of State for Petroleum Resources, Chief Timipre Sylva, stated that Seplat is one of the “nation’s brightest spots” while noting that the growth of SEPLAT has been very thrilling to watch.
Sylva particularly applauded Seplat’s finance position of over $1billion foreign direct investment and local investment of over $300 million.