#Country Updates #News #Nigeria #Upstream Oil & Gas News

Nigeria Opens Tender For Pipeline, Depot Repairs

Nigeria National Petroleum Corporation, NNPC has invited investors to bid to fix pipelines and depots serving its three major oil refineries.

The pipeline network is crucial to getting crude oil to Nigerian National Petroleum Corporation’s three refinery complexes, and moving the finished fuels to consumers.

Bidders for the projects would have to finance them independently and operate them for a “defined period” while they recovered investment costs, and were compensated for their work, with throughput tariffs, information on NNPC’s website said.

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Source: OrientEnergyReview

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