The Director/CEO of the Department of Petroleum Resources (DPR), Engr. Sarki Auwalu, applauds Seplat for its gas development efforts and local content initiatives in the Nigerian oil and gas sector, during a recent courtesy visit by Management of Seplat, to the Director at the DPR headquarters office in Lagos.
Chief Executive Officer, Seplat, Mr. Ojunekwu Augustine Avuru, led the five-member delegation to the courtesy visit.
The Director commended Seplat for their business strategy and focus on gas development which is a key revenue earner to Government and Stakeholders of the Nigerian oil and gas Industry.
He also applauded the upstream exploration and production oil and gas company, for being at the forefront of gas amongst indigenous oil and gas operators. In the same vein, he commended them for changing the lives of Nigerians by engaging and developing local content competencies in the sector.
Auwalu presented the CEO with copies of the Nigerian Oil & Gas Industry Annual Report (NOGIAR) and Compendium of Oil & Gas Laws & Regulations during the visit.
Nigeria’s 2P reserve stands at 200.79 TCF as at 1st January 2019. However, it is estimated that Nigerian gas resources could be up to 600 TCF, which is approximately 100 trillion barrels of oil equivalent (boe), making Nigeria essentially a gas province.