Seven Energy International Limited said it has begun commercial gas delivery to Notore industries and that it has so far invested about $1 billion on natural gas development in the Niger Delta region.
The company said it is committed to championing the Nigerian gas and industrial revolution through the exploration and production of natural gas, and, critically, its commercialisation through processing and distribution infrastructure.
The huge investment has enabled it to reach the end user and offer support to Nigeria’s evolving power sector and meet the growing energy needs of the industrial sector.
The company which is an indigenous Nigerian oil and gas development, production and gas distribution Company has also announced another milestone in the delivery of gas to commercial end users.
It said during the week that it has commenced the supply of natural gas to Notore Chemical Industries Plc. a leading fertiliser and agro-allied company in Africa.
The commercial delivery of gas to Notore in Onne, Rivers State is being executed through Accugas, a wholly-owned subsidiary of Seven Energy.
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.
Phillip Ihenacho, Chief Executive Officer, Seven Energy commenting on the development said, “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.”
Also 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.”