Ad image

Seven energy parleys with small and medium enterprises on gas supply

BusinessDay
3 Min Read

Seven Energy International Limited (“Seven Energy”), the indigenous Nigerian integrated gas Company is expected to hold an interactive session with Small and Medium Enterprises on gas supply with the aim of  exploring possibilities of supply gas to them to power their businesses.

The interactive forum on  which is expected to hold next week would be mainly for small and medium enterprises (SME’s) in Port Harcourt, Rivers State

It is expected that the event will attract several SME’s spanning the Port Harcourt to Aba environs.

Attendees will learn about the significant competitive advantage natural gas has over diesel including environmental benefits and lower energy cost per unit.

Steve Tierney, managing director, Accugas, while speaking ahead of the event  stated that  the forum recognises the significant contribution of SME’s to job creation and income growth and  it therefore intend to develop and drive  it support to SME businesses and help this important part of the Nigerian economy.

He said  access to reliable, affordable energy is vital for SME’s to operate efficiently and profitably. “Energy costs can run from 40%-65% of the total cost of production for many SME’s. Better access to energy opens up opportunities for income producing activities”.

The forum will explain how switching to Compressed Natural Gas (CNG) is a real alternative which will have a substantial impact on their competitiveness. Seven Energy, through its wholly owned subsidiary, Accugas, has built up infrastructure and a reputation for the reliable supply of high quality gas to sustain business operations for many large industrial customers.

“We want to bring this value and reliability to the bedrock of the Nigerian economy, SME’s’’.

Seven Energy has continued to champion an industrial gas revolution through the development and production of natural gas, and, critically, its commercialisation through investment in processing and distribution infrastructure, where the Company has invested over $1 billion in the south east region of the Niger Delta in the last 5 years.

With significant capacity built into its distribution infrastructure, the Company is capable of providing a long-term supply of gas to additional off-takers for power generation and for local industry.

Olusola  Bello

Share This Article
Follow:
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more