Home Business Oil & Gas NNPCL seeks private companies to operate PH refinery

NNPCL seeks private companies to operate PH refinery

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NNPC Limited (NNPCL) said on Monday that it is seeking private companies that would operate and maintain its Port Harcourt refinery in Rivers State.

On 21st December, the Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri announced the “mechanical completion” and the “flare start-off” of the refinery.

He said the first phase of the plant had been completed, as the facility would start refining 60,000 barrels of crude oil daily after the Christmas break.

The Federal Government recently resumed rehabilitation of three of its four refineries – Warri, Kaduna and Port Harcourt refineries.

In a post on X on Monday, NNPCL said it is looking for “reputable and credible” companies to operate and maintain the refinery.

It said that that is intended “to ensure reliability and sustainability towards meeting the nation’s fuel supply and energy security obligations”.

NNPCL said the contract scope would cover refinery business processes like long-term and short-term production/operations planning; production and operations execution; monitoring, reporting, and optimisation of operations; maintenance execution; health and safety; environmental management; minor projects and others.

It requested that interested companies must demonstrate “a minimum average annual Turnover of at least $2 billion USD for the financial years ending: 2019, 2020, 2021 and 2022 respectively”.

The deadline for submission of applications by bidders is 26th February.

Nigeria’s four refineries have been moribund for many years despite Turn-Around-Maintenance efforts. This has resulted in the importation of petroleum products which has continued to pose severe economic challenges to the country.

NNPCL had commenced the supply of crude oil to the Port Harcourt refinery to test-run it.

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