(Boursier.com) — CIOA will provide multidisciplinary back-office services to the Société Comorienne des Hydrocarbures (SCH), following the adhesion of the latter to its pooling system.
The SCH is one of the first public companies in the Union of the Comoros. It counts on CIOA for the improvement of its profitability, the development and the diversification of its activities.
CIOA will provide the CHS with diversified services. It is a question of improving its supply of hydrocarbons in a most disturbed international market. The purchases of the SCH are around 120 ME/year.
CIOA will help to set up new profit centers, particularly in the industrial field, and accelerate the modernization of storage and distribution equipment, to guarantee energy autonomy for the 3 islands of the State of Comoros.
CIOA must seek partners to monetize the country’s strategic position in the Mozambique Channel, which annually sees 30% of world tanker traffic pass through and awaits the start-up of gas operations estimated to be among the most important in the world.
CIOA will provide ongoing advice to resolve SCH’s strategic and operational issues. By relying on CIOA for these strategic services, the CHS will be able to focus on its core business.
For its part, CIOA 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.
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