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SPARGAS

SPARGAS. Exploring clean energy and technology for a better world. ABOUT US. ABOUT US.

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SPARGAS

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  1. SPARGAS Exploring clean energy and technology for a better world.

  2. ABOUT US

  3. ABOUT US • SPARGAS is an integrated gas company engaged in the full range of petroleum operations including the exploration and production of gas, liquefied natural gas, liquefied petroleum gas and marketing of bulk gas for domestic industries. • SPARGAS is a limited liability company, incorporated on January 21, 1990.

  4. ABOUT US • In 2000, SPARGAS acquired the assets of British Gas making that entity a part of its Exploration and Production operations. • SPARGAS today operates in land and marine acreage across the Niger delta of Nigeria • The Company is the leading gas producing enterprise in Nigeria.

  5. MISSIONVISION

  6. CORE VALUES • S – STAFF DEVELOPMENT • P --- PROFESSIONALISM • A --- ACCOUNTABILITY • R --- RELIABILITY

  7. NIGERIA IS A GAS ENCLAVE WITH POCKETS OF OIL IN IT. • MORE ATTENTION HAS BEEN PAID TO OIL PRODUCTION THAN GAS • GAS RESERVES IS IN EXCESS OF 182 TRILLION CUBIC FEET (TCF) • GAS IS WELL KNOWN FOR ITS GREAT MULTIPLIER EFFECT WHEN EFFECTIVELY HARNESSED • GLOBALLY, IT IS THE PREFERRED FUEL. NIGERIA GAS FACTS

  8. PRODUCTS AND SERVICES • GAS EXPLORATION AND PRODUCTION SERVICES (SPARGAS GEPS) • LIQUIFIED NATURAL GAS (SPARGAS LNG) • LIQUIFIED PETROLEUM GAS (SPARGAS LPG) • BULK GAS SUPPLY (SPARGAS BGS)

  9. TEAM STRUCTURE

  10. MARKET LNG Gas Production: Gas Wells LPG Fue l Dry Gas Electricity BGS Industry Automotive fuel (CNG)

  11. DIRECT CONNECTION TO MARKET AND INDIRECT CONNECTION THROUGH LDC

  12. COMPETITORS

  13. STRATEGIC FOCUS • GAS PRODUCTION: optimizing production from existing field and exploring new frontiers. • GAS TRANSMISSION: Expansion of core business of Gas Transmission for Medium and Large Volume Shippers under: • Build & Transfer and Joint Venture Agreements • Invest in new pipelines • GAS MARKETING/ DISTRIBUTION: Consolidate & expand bulk gas sale to end-users: • Industries/ Manufacturing • West African Sub - Region (WAGP Open Access) • Power Plants (Industrial Zones) • New areas to capture low volume users and new markets. • COMPRESSED NATURAL GAS (CNG); • Market CNG to compliment automotive fuels.

  14. SECURITY/INTEGRITY OF FACILITIES • TECHNICAL MANPOWER CAPACITY • ABSENSE OF LOCAL DISTRIBUTION CENTRES • UNFAVOURABLE LEGISLATIVE FRAMEWORK CHALLENGES

  15. CONCLUSION • HARNESSING GAS RESOURCES IN NIGERIA TO MEET RAISING GLOBAL ENERGY MARKET. • NATURAL GAS IS A MAJOR DRIVER OF ECONOMIC DEVELOPMENT. (Power Generation, Cement & Fertilizer production, & Domestic use). • WHEN GAS IS EFFICIENTLY UTILIZED, IT CAN LEAD TO RAPID GROWTH AND DEVELOPMENT CREATING GREAT MULTIPLIER EFFECTS AND A NEW ENERGY CULTURE.

  16. Thanks for listening

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