PRESS RELEASE
La Garde (France), March 3, 2022
CIOA supports the revival of the Comorian Hydrocarbons Company (SCH)
CIOA will provide multidisciplinary back-office services to the Société Comorienne des Hydrocarbures (SCH), following the latter’s membership in its pooling system.
The SCH is one of the first public companies in the Union of the Comoros and relies on CIOA to improve its profitability, develop and diversify its activities.
CIOA will provide the CHS with diversified services:
Procurement, to improve its hydrocarbon supply in a highly disrupted international market. The purchases of the SCH are around 120 M€/year,
Establishment of new profit centers, particularly in the industrial field,
Modernization of its storage and distribution equipment, to guarantee energy autonomy for the 3 islands that make up the Comorian state,
Search for partners, to monetize the country’s strategic position in the Mozambique Channel, which sees 30% of the world’s tanker traffic pass annually and awaits the start of gas operations estimated to be among the most important in the world,
Advice on the go to solve its strategic and operational problems.
By relying on CIOA for these strategic services, the CHS will be able to focus on its core business.
CIOA for its part will be able to put the levers of its collaborative model at the service of the SCH, in particular the suppliers of its marketplace, its affiliated consultants and the sourcing capacities of its network of brokers.
ABOUT
About the Comorian Hydrocarbons Company (SCH)
Created in 1978, the Société Comorienne des Hydrocarbures (SCH) is one of the main public companies in the Republic of the Comoros.
It ensures the supply of hydrocarbons to the entire population of Grandes Comoros, Anjouan and Mohéli (870,000 inhabitants), for domestic, industrial and commercial uses: gasoline, diesel, kerosene for aviation, petroleum , butane gas.
The new management, recently appointed by the President of the Republic, has the task of ensuring its development.
About CIOA
:
Created in 1994, CIOA is an engineering and business development group listed on the stock exchange and listed on Euronext ACCESS (MLCIO) which develops an original system of pooling professional resources, to provide its members – public and private organizations – innovative solutions to adapt to disruptions, create value, implement complex projects.
To recruit and support the users of its platform, the CIOA leads a network of co-developers, intellectual, non-intellectual and commercial service providers. They offer their intermediation, accompaniment and support services to members and assist them in their use of shared resources to:
Do business internationally,
Integrate digital technology into their business strategies,
Industrialize production processes,
Carry out real estate projects.
One of a kind, the CIOA platform meets the essential needs of our changing society:
Increase the resilience of economic operators,
Create diversified work opportunities and a motivating environment for the self-employed,
Facilitate access to residential, recreational and professional buildings that are energy efficient and low carbon.
For more information on the CIOA Group, please visit: www.cioa.com
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Full and original press release in PDF format:
https://www.actusnews.com/news/73440-cp_accompaniment_sch_032022-bpd.pdf
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