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Home»General News»NNPC clears air on pipeline contracts awarded to firms, gives company names 
General News

NNPC clears air on pipeline contracts awarded to firms, gives company names 

NNPC clears air on pipeline contracts awarded to firms, gives company names 
EditorBy EditorOctober 9, 2023Updated:October 9, 2023No Comments2 Mins Read
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By Zahra Muhammad

ASHENEWS reports that the Nigerian National Petroleum Company Limited (NNPCL) has debunked reports that it secretly awarded control of Nigeria’s pipelines to a northern oil cabal.

The management of the NNPCL in a statement issued on Sunday night clarified that the 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. 

The statement 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-emphasize 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.”

The NNPC further clarified that the ownership of these strategic national assets remains with NNPC Limited and is not transferred to the companies.

It assured that the NNPCL remains fully committed to ensuring the continued operation of the agency in the interest of over 200 million Nigerians.

The list of awardees for different lots as provided in the statement reads:

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, Sanderson 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 Pipeline contracts
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