GEPL's ambition does not end at first gas from one asset. The same MOPU infrastructure that delivers first gas is designed — from day one — to receive third-party gas from adjacent licence areas. The processing train, the pipeline corridors, the export route: all dimensioned with hub capacity in mind.
Multiple licence areas in the region hold stranded gas resources for which no viable export route currently exists. By designing the MOPU with third-party receipt provisions, GEPL creates an asset capable of processing gas from multiple upstream producers — capturing processing and throughput fees that make the business fundamentally more resilient than any single-field development.
Access to affordable, reliable, cleaner energy is not a privilege — it is the foundation of economic development, education, poverty reduction, and gender equality. GEPL's mission is to make it real, through infrastructure that is faster, cheaper, and more sustainable than anything the market has previously offered West Africa.
Utilise existing field infrastructure and legacy wells to prove capacity and establish production. No new drilling required for initial cash flow. Low-risk, fast path to first revenue. Phase 1 cash flows finance Phase 2 — no single large upfront capital requirement.
GSP Orizont MOPU deployed. Full gas-condensate development programme across two major field areas. 200 MMscfd plateau gas, approximately 16,000 bopd condensate at plateau. GSP Orizont as the anchor production unit — self-installed, self-owned.
Following the modular offshore approach pioneered by New Fortress Energy, Phase 2 adds two further GSP jackup units alongside Orizont to host LNG liquefaction trains. First LNG cargo targeted by 2033. Floating ammonia as green energy transition pathway — Wison Offshore & Marine as engineering partner.
The MOPU and FAST LNG complex receive third-party gas from adjacent licence areas across the Niger Delta. GEPL becomes the processing and export anchor for a wider offshore gas province — a fundamentally more valuable and resilient business than any single-field operator.
Nigeria's Petroleum Industry Act has fundamentally restructured the commercial framework for gas monetisation. The conditions have never been more aligned.
The Petroleum Industry Act 2021 introduced zero Hydrocarbon Tax on non-associated gas, a 5% royalty regime, and a production tax credit of approximately $0.75 per Mscf. Fiscal terms for Nigerian shallow-water gas are among the most competitive globally. The policy environment has never been more aligned with private capital deployment.
Export infrastructure is already in place and operating. LNG demand is contracted and growing — particularly from European buyers seeking alternative supply after structural disruptions. The gas does not need to find a market. The market is waiting for the gas.
GEPL is positioned at the intersection of these forces with a fully assembled team, a proven technical concept, and the institutional relationships to execute. We are not preparing to enter this market. We are already inside it. The question for investors is not whether West Africa gas gets monetised. It is who does it — and at what cost.