Energy independence provides a critical foundation for future development projects like new schools and hospitals – and it also plays a key role in the completion of our national airport, which will serve as a cargo hub for much of South Africa.
Swaziland, Africa (PRWEB) October 16, 2013
Supply Services of Swaziland (S3) today announced an arrangement with American Tank & Vessel to promote energy independence by building a strategic petroleum reserve for the nation of Swaziland. This project is the first step in a larger economic development program designed to encourage investment in several key industries including: telecommunications, healthcare, infrastructure, education, agricultural processing and others.
Swaziland’s Ministry of Natural Resources and Energy (MRNE) initially contacted American Tank & Vessel with a feasibility study for a strategic fuel reserve in Swaziland. As the project progressed, Ernesto Vivian "Mickey" Figueiredo created S3 as a public-private venture to manage the project and the subsequent fuel supply contracts for a period of 20 years.
S3 President and Founder, Mickey Figueiredo has been one of Africa’s leading entrepreneurs for more than 40 years. Mickey has deep relationships in Africa and in the United States - specifically Texas - which have been instrumental in facilitating this deal. In addition to founding S3, Mickey has also founded many businesses, churches and schools designed to enhance the lives of the people of Swaziland.
“Energy independence provides a critical foundation for future development projects like new schools and hospitals – and it also plays a key role in the completion of our national airport, which will serve as a cargo hub for much of South Africa,” said Mickey Figueiredo. “Words cannot express how proud I am to have played a role in the development of this important project for our nation.”
"AT&V is proud of our track record in Sub-Saharan Africa. Over the last twenty years we have built bulk storage tanks and terminals in Equatorial Guinea, throughout Ghana, and Angola. Each project was completed on time and within budget," said W.T. Cutts, Vice President and Director of American Tank & Vessel. "We are excited about the opportunity this investment will bring to Swaziland and it also serves as a launching point for our company in the Southern Africa region."
Swaziland’s Petroleum Reserve is strategically located in Phuzomoya, at the junction of several roads and rail lines. The groundbreaking ceremony for the 90 million liter storage facility is set to take place later this month, and additional details will be made available in a subsequent press release. Companies interested in learning more about business opportunities in Swaziland should contact Mickey Figueiredo at mickey.ev(at)gmail(dot)com.
About Supply Services of Swaziland (S3)
Headquartered in Swaziland, Supply Services of Swaziland (S3) is a public-private initiative created to operate the strategic petroleum reserve and manage fuel supply agreements with multiple contractors to ensure energy independence for the nation of Swaziland. S3 provides the vision, the expertise, and the contacts in both Swaziland, and in the United States to manage the project, and to play an active role in subsequent expansion, which will include the creation of a pipeline. S3 will manage this project for a period of 20 years, at which point, it will transfer its responsibilities to the National Oil Company of Swaziland. For more information, please contact S3’s Mickey Figueiredo.
Contact for S3:
Mickey Figueiredo, President and CEO
011 268 7602 0482
Crosswind Communications (for S3)