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Nairametrics
Home Companies Company News

Seven Energy begins supply of natural gas to Notore

Editor by Editor
March 24, 2015
in Company News, Corporate deals
Nigeria’s oil export fell in February – Reuters
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Seven Energy has begun the supply of 25 MMcfpd natural gas to Notore Chemical Industries Plc Notore in Onne, Rivers State. The commercial delivery of gas to Notore is being executed through Accugas, a wholly-owned subsidiary of Seven Energy, said Phillip Ihenacho, Seven Energy‘s Chief Executive Officer.

Gas is being supplied at a rate of 25 million cubic feet per day (“MMcfpd”) as part of the feedstock to Notore’s fertiliser plant. By this supply arrangement, Seven Energy is enabling the Notore fertiliser plant to improve its operational efficiency, enhancing the plant’s output. Natural gas is the core input into the production of fertiliser.

“We are happy to announce the formal commencement of gas deliveries to Notore Chemical Industries Plc through our subsidiary, Accugas, a clear demonstration of our commitment to drive the industrialisation of Nigeria through the development of the country’s huge natural gas resources. Through the supply of our processed gas we are providing a new source of feedstock to meet the company’s increasing requirements, whilst directly enabling the production of fertiliser that Nigeria’s burgeoning agriculture sector desperately needs to grow,” Ihenacho said.

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On his part Stephen Tierney, Managing Director, Accugas said: “This milestone represents another significant step for Accugas in our effort to increase domestic supply and utilisation of gas for the good of the Nigerian people and its economy. By providing a clean, dependable, quality source of gas supply to the Notore plant, and doing so via an integrated end to end solution, we are demonstrating our clear commitment and execution performance toward enhancing domestic gas consumption for broader industrialisation.” Stephen Tierney, Managing Director, Accugas said.

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