Relief on the way – Seven Energy to boost energy supply to Small and Medium
Enterprises in Port Harcourt and Aba regions
Nigeria: 7 July, 2015: Seven Energy International Limited (“Seven Energy”), the indigenous Nigerian
integrated gas Company, will host an interactive forum on 14 July, 2015 for small and medium
enterprises (SME’s) in Port Harcourt, Rivers State, themed ‘Gas to Power Your Business’’.
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.
Speaking ahead of the event Steve Tierney, Managing Director, Accugas stated that “this forum
recognises the significant contribution of SME’s to job creation and income growth and we therefore
intend to develop and drive our support to SME businesses and help this important part of the Nigerian
economy. 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.
Seven Energy has a growing list of gas off-takers such as Notore Chemical Industries Limited, Rivers
State; Alaoji NIPP, Abia State; Ibom Power Station, Awka Ibom State; United Cement Company of
Nigeria and Calabar NIPP both in Cross Rivers State.
Notes to Editors:
Seven Energy International Limited is an independent Nigerian integrated oil and gas exploration,
development, production and gas distribution company founded in 2004. With the backing of strategic
long-term investors and main offices in Lagos and London, the Group has a unique focus on the
emerging Nigerian domestic gas market. The Group’s upstream assets include licence interests in the
Uquo Field and the Stubb Creek Field (south east Niger Delta), an indirect interest in OMLs 4, 38 and
41 with Nigerian Petroleum Development Company (north west Niger Delta) and licence interests in
OPLs 905, 907 and 917 (Anambra Basin). Its midstream infrastructure assets, focused on south east
Niger Delta, include the 200 MMcfpd Uquo Gas Processing Facility and a gas pipeline network of 227
km with distribution capacity of 600 MMcfpd.
Accugas Limited is a wholly owned subsidiary of Seven Energy, the indigenous Nigerian integrated oil
and gas exploration, development, production and gas distribution company. Accugas is a gas
processing, marketing and distribution company focussed on commercialisation, for the domestic
Nigerian markets, of the substantial discovered but undeveloped gas resources onshore in the Niger
Delta. Accugas currently has long term gas sales contracts in place to supply over 1 Tcf of gas for power
generation in the south-east Niger Delta.
For further enquiries, please contact:
Seven Energy International Limited
Joe Kaye, Head of Investor Relations
John Arthur, Investor Relations Officer
+44 20 7518 3850
Patricia Akinlotan, Senior Manager, Administration & Corporate Affairs
+234 12770600
Brunswick Group
Patrick Handley
William Medvei
+44 20 7404 5959
Caritas Communications
Okwudili Onyia
+234 809 9961 007
Africa Practice
Tim Newbold
+234 805 4949 866
For more information on Seven Energy please visit www.sevenenergy.com