Nine Companies Bid for Co-location of Refineries in Nigeria

Thu, Mar 31, 2016
By publisher
2 MIN READ

BREAKING NEWS, Oil & Gas

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Nine companies are bidding for the co-location of refineries as the Nigerian National Petroleum Corporation opens technical bids

Nine companies submitted their bids for the co-location of refineries in Nigeria. This was made known at the technical opening of the bids for the location of new refineries within the existing refineries in Abuja, today, Thursday, March 31,  by the Nigerian National Petroleum Corporation, NNPC.

At the event, the NNPC through Anibo Kragha, NNPC chief operating officer, COO, Refineries, said it was committed to boosting the nation’s refining capacity which in turn would put an end to perennial fuel scarcity in the country.

He said the open bidding exercise was a demonstration of the determination of the federal government and the NNPC to increase the nation’s refining capacity from 445,000 barrels per day to 650,000.

“The aim is to leverage on the existing facilities to fast track the take-off of the refineries as soon as possible,” Kragha said.

According to him, a technical evaluation committee has been set up to study the bids and announce winners as soon as possible.

Earlier,  Sophia Mbakwe,  NNPC general manager, Supply Chain Management,  enjoined all the companies to accept the outcome as the exercise would be transparent. She stressed that all the rules of public procurement as spelt out in the Bureau for Public Procurement Act would be strictly adhered to.

The exercise was witnessed by representatives of the Nigerian Extractive Industry Transparency Initiative, NEITI, and the Bureau for Public Procurement, BPP. according to a statement signed by Garba Deen Muhammad, group general manager,

Group Public Affairs Division, NNPC.

— Mar 31, 2016 @ 7.15 GMT

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