NNPC to hand over Warri, Kaduna refineries to private operators

Date:

Must Read

Tinubu has planted economic poverty against Nigerians – Atiku DG

Senator Austin Akobundu, Director General of the African Democratic...

Peter Obi raises alarm over Enugu attack on NDC supporters, demands justice

Peter Obi, presidential candidate of the Nigeria Democratic Congress...

Atiku backs nationwide protest for ”Tinubu Must Go”, vows to return fuel subsidy

Former Vice President Atiku Abubakar has thrown his weight...

Tinubu will take Nigeria from reforms to prosperity if re-elected in 2027 — Wife tells Nigerians

Nigeria’s First Lady, Oluremi Tinubu, has expressed confidence that...

The Nigerian National Petroleum Company (NNPC) Limited is set to hand over the operation and maintenance of two of its key refineries—the Warri Refining and Petrochemical Company (WRPC) and the Kaduna Refining and Petrochemical Company (KRPC)—to reputable private firms.

The state-owned company has invited credible private operators to manage these facilities to enhance their reliability and sustainability, thereby ensuring a steady supply of fuel and energy security for the nation.

According to a notice posted on NNPC’s official X (formerly Twitter) handle, the scope of work for the selected firms will cover a broad range of activities, including both long-term and short-term production and operations planning, execution, and optimization; as well as maintenance planning and execution. The responsibilities will also encompass process and control engineering, quality control and assurance, health and safety management, environmental management, and turnaround maintenance.

Additional requirements for the private operators include minor project management, non-hydrocarbon procurement, subcontractor management, and inventory and warehouse management. To qualify, interested companies must demonstrate a minimum average annual turnover of at least $2 billion for the financial years ending 2020, 2021, 2022, and 2023.

Furthermore, applicants must provide evidence of their experience in operations and maintenance (O&M) of refineries, including a record of ongoing and completed contracts related to jetty facilities or turnaround maintenance within the last 20 years.

spot_imgspot_imgspot_img

Latest News

logo-nn-news-small
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.