A total of 132 oil and gas marketing companies on Thursday submitted bids to lift Nigeria’s crude oil.
The firms include local, regional and international oil companies.
The bid is for the 2019/2020 contract for the lifting of Nigeria’s crude oil under the direct-sales direct purchase (DSDP) scheme.
Each of the eventually successful companies will be allocated some of the 445,000 barrels per day of Nigeria’s crude oil originally meant for domestic refining. The crude oil is being allocated because Nigeria is unable to locally refine such volume.
Only companies with the capacity to utilise the allocated crude oil to supply petroleum products to the country will be considered, the state oil firm, NNPC, has said.
The Group Managing Director of NNPC, Maikanti Baru, who performed the ceremonial bids opening, said the aim was to maximise the value of the country’s crude oil for the benefit of Nigerians.
Mr Baru said the bid, which is the third since the DSDP scheme began in 2016, aligns with the present administration’s quest for transparency in the oil and gas industry.
The DSDP scheme was introduced in 2016 to replace the erstwhile 2015 crude oil Offshore Processing arrangement (OPA) contracts after they were found to be mired in corruption.
The NNPC GMD said between 2016 and March 2019, about 29.5 million metric tons (or 39 billion litres) of petroleum products have been supplied under the DSDP scheme.
This volume represents over 90 per cent of the national requirement of about 55 million litres daily.
With its pricing framework lower than the Petroleum Products Pricing Agency (PPPRA) benchmark, the GMD said the DSDP has ensured a significant reduction in product demurrage cost by about 84 per cent as well cost savings of about $2.2 billion over the years.
Under the 2019-2020 DSDP contract, Mr Baru said the tender objectives seek to engage reputable and qualified companies for the direct sale of Nigerian crude oil as well as direct purchase of petroleum products.
Also, the selection of off-takers, he said, must align with tested transparent and accountable procedures in compliance with the Public Procurement and Nigerian Content Acts.
The GMD noted that the ultimate aim of the scheme was to ensure value optimisation to the federation.
The General Manager, Crude Oil Marketing Department (COMD) of the NNPC, Melee Kyari, said the key objective of the DSDP was in line with the present administration’s aspiration to eliminate corruption in the country’s fuel supply system.
Mr Kyari said eliminating corruption would not be possible without systems that respect the rule of law and guarantee a fair deal for players in the sector.
He said under the DSDP, transparency was crucial to ensure all key interest groups are carried along, while decisions are adequately validated.
The DSDP programme, he said, is to ensure that the NNPC, as a supplier of last resort, achieves products supply stability in the country. The programme is also to ensure optimum value optimisation for Nigeria’s crude oil.
He said the bid exercise was to help select marketers and suppliers that have a good history, experience, international and local partners, and capacity to do the business.
“We are not only interested in empowering local companies, but we must make sure the business is done by the people who can do it. It is no longer business as usual, where people establish briefcase companies and expect to be patronized,” Mr Kyari said.
“What we are looking for are public quoted companies who have paid their taxes; published their audited financial statements of accounts; high net worth operators with financial capacity to raise letters of credit of at least $72 million for a cargo of petroleum products,” he added.
He warned the bidders to avoid throwing up unrealistic numbers considered to be either too low or too high and expect to be invited for negotiations.
“We will do everything to ensure the process complies with the provisions of the Public Procurement Act. But, the bid is not a lowest or highest bidder exercise in the strict sense of it. We have our benchmarks that have been validated by global standards,” Mr Kyari said.
He emphasised the need for bidders to have partners that will not only meet local content requirements but also comply with global best practices.
See the full list of the 132 firms as obtained by PREMIUM TIMES below.
|S/No||NAME OF BIDDERS|
|1||MARITIME SUPPORT SERVICES LIMITED|
|2||DELTA ENERGY ENGINEERING COMPANY|
|3||TRANSIT OIL NIGERIA LIMITED|
|4||PETROLEX OIL & GAS LIMITED/ALSAA PETROLEUM & SHIPPING FZC|
|5||GG ENERGY SUPPLY LIMITED|
|6||A&E PETRO NIGERIA LIMITED|
|7||MOB INTEGRATED SERVICES LIMITED|
|8||FALCON BAY ENERGY LIMITED|
|9||NORTH WEST PETROLEUM & GAS COMPANY/SETANA ENERGY LIMITED|
|11||DUKE OIL COMPANY INCORPORATED|
|12||AZMAN OIL & GAS LIMITED|
|13||A-Z PETROLEUM PRODUCTS LIMITED|
|14||PRIMACY ENERGY/TOPP IT CONSULTING|
|15||OVR ENERGY MARKETING|
|16||DANS GLOBAL ENGINEERING LIMITED|
|18||SAHARA ENERGY RESOURCES LIMITED|
|19||KRS ENERGY TRADING SERVICES LIMITED/PETROVIETAM OIL CONSORTIUM.|
|20||CHINA ZHENHUA OIL COMPANY LIMITED/CASIVA LIMITED|
|21||AUGUSTA ENERGY DMCC|
|22||BP & AYM SHAFA LIMITED|
|24||SHORELINE NATURAL RESOURCE LIMITED SPVI|
|25||MARQUE & SYNERGY/ASCON GROUP CONSORTIUM|
|26||UVM OFFSHORE LIMITED/OMV/NOFS|
|28||TILBAR ENERGY LIMITED|
|29||ALASCO SA/NIPCO PLC|
|30||OIL TRADING SA|
|31||MOBIL OIL NIGERIA LIMITED|
|32||BUDER REFINERIES LIMITED|
|33||OIL CORP & FENGYING TECHNOLOGY CO. LIMITED|
|34||RED STAR OIL & GAS LIMITED|
|35||TRAFIGURA PTE LIMITED/AA RANO|
|36||BONO ENERGY LIMITED|
|37||PETROINEOS & HYDE ENERGY|
|38||BLEKTRON PETROLEUM ENERGY & MINING LTD./TEMA OIL REFINERY CONSORTIUM|
|39||RER ENGINEERING CORPORATION|
|40||OTHNIEL BROOKS LIMITED|
|41||MUTSBISHI CORPORATION NIGERIA LIMITED|
|42||MM GROUP & GLADIUS COMMODITIES|
|43||ENERGY TRADERS/MAKON OIL & GAS LIMITED|
|46||TECH OIL & GAS LIMITED|
|47||BELLPOINT ENERGY LTD/ROSNEFT TRADING SA|
|48||TRADING & SHIPPING SPA/NAOC|
|49||ENERGY SERVICES COMPANY LIMITED (NESSCO)|
|50||OIL & GAS LTA DMCC|
|51||TAMMARRA PETROLEUM LTD.|
|52||OIL & GAS COMPANY LIMITED|
|54||OIL & GAS COMPANY LTD./DTS COMMERCIAL|
|55||OIL & GAS ENGINEERING LTD.|
|56||OIL-PETRA ENERGY CONSORTIUM|
|57||GLOBAL OIL & GAS LTD.|
|59||ASSETS & TRUST LIMITED|
|60||OB OIL & GAS LIMITED|
|61||PETROLEUM CORPORATION & EMADEB ENERGY|
|62||PETROLEOS DE GENEVE SA LTD.***|
|63||TEEMS EPC INTERNATIONAL LIMITED|
|65||NORTHBRIDGE ENERGY LIMITED|
|66||SEAPRO ENERGY LIMITED|
|68||KRS ENERGY TRADING SERVICES LIMITED|
|69||KBB ENERGY & PETRO GAS ENERGY|
|70||BOUSSARD OIL & GAS LIMITED|
|71||CHIPER INTERNATIONAL LIMITED|
|72||MASTERS ENERGY OIL & GAS LIMITED|
|73||EURAFRIC OIL & COASTAL SERVICES LIMITED|
|74||ENYO TRADING COMPANY LIMITED|
|75||ADDAX ENERGY SA|
|76||CURZON & TOR|
|77||PETRATLANTIC ENERGY LIMITED|
|78||HONTOP ENERGY (SINGAPORE) PTE LIMITED|
|79||SHEPHERDHILL PETROLEUM DEVELOPMENT LIMITED|
|80||TEVIEW PETROLEUM LIMITED|
|81||ASKAN OIL & GAS LIMITED|
|82||DANMUSA & AMICABLE OIL & GAS LIMITED CONSORTIUM|
|84||UNITED PETROLEUM TRADING SA/OIL STANDARD & ENERGY|
|85||FORTE OIL PLC|
|86||SAHAL ENERGY & PETROCHEMICAL CONSORTIUM|
|89||ALMOND OIL & GAS LIMITED|
|91||ABC OIL NIGERIA LIMITED|
|93||MATRIX ENERGY LIMITED|
|94||OBAT OIL & PETROLEUM LIMITED|
|95||VALCORE ENERGY LIMITED|
|96||HEBRON EXPLORATION LIMITED|
|97||J MARINE LOGISTICS LIMITED|
|98||COOLSPRING TRADING & MARKETING|
|99||ADS COMMUNICATION LINK LIMITED|
|100||SHERIFF COMBINED BUSINESS LIMITED|
|101||MAGNET ENERGY LIMITED/WORLD MARINE PTY LTD.;|
|102||PROPETROL LIMITED/MAKWANDE ENERGY TRADING PTY LIMITED CONSORTIUM|
|103||AMAZON ENERGY/AFEE ENERGY|
|104||WATER TOP INTERNATIONAL LIMITED|
|105||BANGEHAK CORPORATION PUBLIC COMPANY LIMITED|
|106||EDUYORK INTERNATIONAL LIMITED|
|107||SEVENE ENERGY DEVELOPMENT LIMITED|
|108||MOCON SA/MOCOH OIL & GAS|
|109||MERCUNA ENERGY TRADING SA|
|110||CHEMCHINA PETROCHEMICAL COMPANY LIMITED|
|111||PETROCAN TRADING PTY LIMITED/ ZIMS & LORDS|
|112||SEPARATE COLOURS NIGERIA LIMITED|
|113||XR ENERGY DMCC|
|114||SYNERGY PLC/MOCOH OIL & GAS|
|115||NOFLOCHIM BURGAS REFINERY AD/PETRCAM|
|116||TSL LOGISTICS& ATLATIS COMMODITIES|
|117||AFREN ENERGY RESOURCES LIMITED|
|119||NORD OIL & GAS LIMITED|
|120||CLOVER ENERGY SA;|
|122||ONE TERMINAL LIMITED|
|124||ALLIANCE DRILLING LIMITED|
|126||RHAMANINYYA OIL & GAS LIMITED.|
|127||AIPEC OIL& GAS LIMITED|
|128||NEGOA ENERGY LIMITED|
|130||PETROVIETAM OIL CONSORTIUM|
|131||PUMA ENERGY LIMITED/PUMA ENERGY SUPPLY & TRADING PTE|
|132||OANDO & CEPZA|