NNPC Clarifies Position On Alleged Award Of Contracts To Northern Cabal

The Nigerian National Petroleum Company (NNPC) Limited said, contrary to media reports alleging underhand dealings in the award of contracts for the rehabilitation of pipelines across the country, the contracts, which were advertised, were awarded based on rigorous evaluation criteria and in line with industry norms.

This clarification was made by the Management of the NNPC Ltd. in a statement on Sunday.

It noted that the clarification was necessary to address any misconceptions and ensure transparency in its operations.

- Advertisement -

The company said, “we would like to state categorically that these reports are fallacious and designed to bring the good name of the Company into disrepute.

“NNPC Limited is deeply committed to adhering to the highest standards of transparency and global best practices in all our activities, and this includes our contracting process.

“These contracts, which were advertised, were awarded based on rigorous evaluation criteria and in line with industry norms.

“To re-emphasise our commitment to transparency, NNPC subjected the selection process to a competitive tender guided by Bureau of Public Procurement (BPP) standards, Infrastructure Concession Regulatory Commission expertise, and the active involvement of a Transaction Advisor.

“We also had representations from NEITI and the Ministry of Justice in the project development team and the evaluation exercise.

“Below is the composition of Consortium members per lot spread across Nigeria.

LOT 1: Oilserve Ltd, Chu Kong Steel Pipe Group Company Ltd, Saudi Crown Oilserve

LOT 2: 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, The Spanish National Association of Manufacturers

LOT 3: A A Rano, Zakhem Construction Nigeria, Bablinks Resources Ltd, VAE Controls S.R.O

LOT 4: MRS Oil and Gas, CPPE Nigeria Ltd

NNPC said, it is imperative to emphasise that these contracts are Build, Operate and Transfer agreements, and selected partners are to finance the rehabilitation and do not entail the transfer of control of these assets to any particular company.

“Our objective is to enhance the integrity and functionality of the pipelines to facilitate the efficient transportation of crude oil to refineries and the distribution of its products across the country.

“The ownership of these strategic national assets remains with NNPC Limited, and we are fully committed to ensuring their continued operation in the interest of over 200 million Nigerians.

“Should you have any further inquiries or require additional information, please do not hesitate to contact us. We are always open to engaging in constructive dialogue with all stakeholders”, the statement said.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button