Nigerian National Petroleum Corp. (NNPC) has received bids from 96 companies for rehabilitation of downstream infrastructure.
The company held a virtual public opening round on companies pre-qualifying for the work. NNPC had issued the tender in August 2020.
The work covers the “the rehabilitation of NNPC downstream critical pipelines and associated depots and terminal infrastructure through Finance [build, operate and transfer] BOT to cover four lots”, said Nigerian Pipelines and Storage Company’s (NPSC) managing director Ada Oyetunde.
The first lot covers infrastructure related to the Port Harcourt refinery, the second the Warri Refinery, the third the Kaduna Refinery and the fourth System 2B related infrastructure.
The BOT work would increase reliability of the pipeline network and storage facilities, the NPSC official continued. The work ties in with rehabilitation plans around the country’s four refineries. Investments into pipeline would allow products to be evacuated from the plants through an open-access model. This would involve charging “market reflective prices and tariffs to recover the investment”.
Bidders came from a number of jurisdictions, the company said.
Announcing the tender in August, NNPC had noted the need for improved security around pipelines.