S2C Global secures Iraq bulk water MOU
SAN ANTONIO, TX, Dec. 22, 2009 -- S2C Global Systems Inc., a bulk exporter of natural water and supplier of water distribution technologies, received the first memorandum of understanding (MOU) for the Arabian Gulf from a private sector group out of Iraq...
• Bulk water blue print for Arabian Gulf falling into place
SAN ANTONIO, TX, Dec. 22, 2009 -- S2C Global Systems Inc., a bulk exporter of natural water and supplier of water distribution technologies, received the first memorandum of understanding (MOU) for the Arabian Gulf from a private sector group out of Iraq.
The MOU covers all of the components required to develop storage, processing and distribution for up to 79 Million US Gallons per month and includes the S2C's supply agreement. The actual quantity contracted for may be a different amount after the market size is fully determined through a feasibility study contemplated in the MOU. The MOU established fast tracking all due diligence and moving through to a formal supply agreement within 20 business days. Additionally the private sector group will open governmental channels in Iraq to facilitate smooth delivery of the waters to the people in Iraq.
The private sector group will directly own 50% of the facilities built with other partners owning the rest. This MOU is consistent with the Companies plans to develop an offloading facility in Fujairah, UAE for the very large class water ships.
About S2C Global Systems Inc.
S2C Global Systems Inc. a Texas based company, with subsidiaries in Alaska, British Columbia and Nevada. S2C's primary focus is Alaska Resource Management, LLC a partnership with True Alaska Bottling focused on the export of billions of gallons of water globally from the watersheds of Baranof Island, Alaska.
S2C is also the owner of proprietary technologies related to the delivery, automated handling and distribution of water in the 10 and 20 Liter formats. The Company has proprietary green technology that can reduce the carbon footprint of bottled water by as much as 66%. Please visit www.s2cglobal.com.