Seplat Energy targets $30 million yearly dividend from AGPC

Seplat Energy has disclosed that it is targeting a dividend net stream of $30 million yearly from Anoh Gas Power Company Limited . According to the Chief Executive Officer of the company, Roger Brown Seplat Energy has disclosed that it is targeting a dividend net stream of $30 million yearly from Anoh Gas Power Company Limited . According to the Chief Executive Officer of the company, Roger Brown , the dividends are expected to begin approximately 12 to 18 months after the first gas.

“The ANOH gas plant has a design capacity of 300 mmscf/d. Seplat will report our net share of wet gas production as working interest production,” he said. He said gas sales will benefit from lower opex than the current gas operations by not having to bear the burden of midstream processing costs. Seplat Energy has disclosed that it is targeting a dividend net stream of $30 million yearly from Anoh Gas Power Company Limited . According to the Chief Executive Officer of the company, Roger Brown

Nigerians can now heave a sigh of relief as the Central Bank of Nigeria has withdrawn the controversial cybersecurity levy. In a circular with reference number PSM/DIR/PUB/LAB/017/005, dated May 17, 2024, addressed to all commercial, merchant, non-interest, and payment service banks, other financial institutions, mobile money operators, and payment service providers, the CBN confirmed…

Source: News Formal (newsformal.com)

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