NNPCL has enlisted the services of four consortia to undertake the repair of deteriorating pipelines
On Monday, the Nigerian National Petroleum Company Limited (NNPCL) announced that it has entered into agreements with four consortia to fund the rehabilitation of pipelines throughout the country, under the terms of build, operate, and transfer (BOT).
The inactivity of approximately 20 NNPCL depots, as reported by marketers, has been attributed to pipeline vandalism, which disrupts the supply of products to these facilities nationwide.
In a statement posted on its social media platform, the national oil company identified the four consortia selected to finance the repair of NNPCL pipelines. NNPCL stressed its commitment to upholding the highest standards of transparency and adhering to global best practices in the consortium selection process. The contracts were awarded following a competitive evaluation process in accordance with industry standards.
The NNPCL emphasized its dedication to transparency by conducting a competitive tender process, guided by the standards of the Bureau of Public Procurement, the expertise of the Infrastructure Concession Regulatory Commission, and the active participation of a transaction advisor.
Furthermore, the project development team and evaluation process included representation from the Nigeria Extractive Industries Transparency Initiative and the Ministry of Justice.
Below is the breakdown of consortium members for each lot distributed across Nigeria:
LOT 1:
Oilserve Ltd
Chu Kong Steel Pipe Group Company Ltd
Saudi Crown Oilserve
"LOT 2: Comprising MacReady Oil and Gas Services, COBRA Instalicios S.A, Control Y Montajes Industriales & International De Pipelines, Iron Products Industries Ltd, Batelitwin Global Services Ltd, Bauen Empresa Constructora SAU, Sanderton Energy Ltd, and The Spanish National Association of Manufacturers.
"LOT 3: Comprising A A Rano, Zakhem Construction Nigeria, Bablinks Resources Ltd, and VAE Controls S.R.O.
"LOT 4: Comprising MRS Oil and Gas and CPPE Nigeria Ltd."
The company emphasized that these contracts are Build, Operate, and Transfer (BOT) agreements, and the selected partners are responsible for financing the rehabilitation without transferring control of these assets to any specific company.
The company stated that its goal is to improve the integrity and operational efficiency of the pipelines, enabling the smooth transportation of crude oil to refineries and the widespread distribution of its products throughout the nation.
"The ownership of these crucial national assets continues to be vested in NNPC Limited, and we are wholeheartedly dedicated to their ongoing operation in the best interest of Nigeria's population, which exceeds 200 million people," the firm affirmed.
Furthermore, the company acknowledged awareness of reports suggesting irregularities in the contract award process for the nationwide pipeline rehabilitation.
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