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Seplat Cuts Debt, Spends on Gas


Seplat Cuts Debt, Spends on Gas
Mar 1, 2021 12:15:pm
Summary
by: William Powell
Nigerian producer Seplat generated $330mn from operations last year. The cash went mainly on its major Assa North Ohaji South (Anoh) gas project and repaying $100mn of debt. And despite the lowest oil prices in its 10-year history, the company said it had maintained dividen.
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Nigeria , Nigerian , Assa-north-ohaji-south , Anoh-plant , Upstream-unit-operator , Gas-business-performance , Gas-production , Natural-gas , Nigerian-gas-company , Gas-project , Electricity