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Friday, January 15, 2021
The Nigerian National Petroleum Corporation (NNPC) has announced that it has received 96 bids from reputable companies that have indicated interest in undertaking the rehabilitation of NNPC’s downstream infrastructure ranging from critical pipelines to depots and terminals. The contract will be based on the Build, Operate and Transfer (BOT) financing model.
A virtual bid opening exercise was held at the NNPC Towers, Abuja for the pre-qualification of companies for the contract. Group General Manager, Group Public Affairs Division of the NNPC, Dr. Kennie Obateru, in a press statement stated that the public opening of the bids for the contract was in keeping with the NNPC Management’s commitment to transparency and accountability in all its processes and transactions.
Speaking at the event, the Managing Director of the Nigerian Pipelines and Storage Company (NPSC), Mrs. Ada Oyetunde, named the facilities that would be rehabilitated by successful bidders to include critical pipelines for crude oil supply to the refineries and evacuation of refined products, depots, and terminals, stressing that the objective is to get them ready to support the refineries when they become operational after their rehabilitation.
“An open tender for pre-qualification of interested companies was published in August 2020 in the national dailies, for the rehabilitation of NNPC downstream critical pipelines and associated depots and terminal infrastructure through Finance BOT to cover the 4 lots namely: Lot 1: Port Harcourt Refinery related infrastructure, Lot 2: Warri Refinery related infrastructure, Lot 3: Kaduna Refinery related infrastructure and Lot 4: System 2B related infrastructure,” Oyetunde said.
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