The Nigerian National Petroleum Company (NNPC) Limited has denied claims that it gave contracts for the restoration of pipelines throughout the nation to a “northern oil cabal.”
The Nigeria Extractive Industries Transparency Initiative (NEITI), the Infrastructure Concession Regulatory Commission, and the Bureau of Public Procurement (BPP) were all involved in the selection process, according to a statement released by the NNPC on Sunday and signed by its management.
It said: “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.”
The State-owned corporation claims that the claims that it gave the contracts to a “northern cabal” were false and meant to damage the company’s reputation.
The national oil firm said the process was transparent, adding that “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.”
NNPC added that 17 oil companies received contracts for pipeline rehabilitation.
According to the corporation, lot one was given to Oilserve Ltd, Chu Kong Steel Pipe Group corporation Ltd, and Saudi Crown Oilserve according to the list of grantees who make up a consortium.
According to NNPC, lot two was awarded to the following companies: 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.
According to the statement, lot three was given to AA Rano, Zakhem Construction Nigeria, Bablinks Resources Ltd, and VAE Controls S.R.O. Lot four was given to MRS Oil and Gas, CPPE Nigeria Ltd.
The deal is predicated on building, operating, and transferring, but according to NNPC, this does not include giving the firms control of the assets.
NNPC claimed that although it still owns the pipes, the chosen partners will pay for their rehabilitation.
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