-2.1 C
New York City
Friday, October 23, 2020
Home News Nigeria 339 Companies Bid For 2020/21 Crude Oil Sales Contract

339 Companies Bid For 2020/21 Crude Oil Sales Contract

No fewer than 339 companies are bidding for the 2020/21 sales and purchase of the Nigerian crude oil grades.

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari disclosed this at the 2020/2021 Crude oil tender prequalification bid opening ceremony, on Thursday in Abuja.

He said that the event marked another transparent process for the corporation.

He said that inspite the challenges posed by COVID-19, the Corporation had modified the bidding process by leveraging on technology to progress the cycle of crude oil bidding.

According to him, there will be strict compliance with all the extant regulations and reinforcement of commitment by the Corporation to transaparency and accountability.

” We have continued to see a strong demand for different grades of Nigerian crude in the oil market despite the lockdowns and refinery run cuts.

” We are also witnessing demand for Nigerian crude switch from traditional destinations such as India and finding home in new markets such as china,” he said.

Represented by Mr Umar Ajiya, NNPC Chief Financial Officer, he said that the 2020/21 crude oil bidding had many objectives, which include to engage reputable, qualified and high capacity international and indigenous companies.

He said that companies would guarantee market placement of the Nigerian crude oil at optimum value during the next contracting cycle.

He noted that other objectives was to ensure that selection of off-takers was aligned with tested transparent and accountable procedures in compliance with the Public Procurement and Nigerian Content Acts.

The GMD futher noted that apart from the objectives, the corporation would sustain transparency in all process and establish the best partners through robust mix of big international players.

He assured of support for indigenous companies capacity development in the process.

” Ultimately, crude oil is a major revenue earner in Nigeria, therefore, the credibility of this process is very important to us all.

In his remarks, Mr Adokiye Tombomieye, Chief Operating Officer Upstream, said that the corporation had taken steps to ensure the process of producing the best bidder emerged while adhering to COVID-19 principles.

He added that the process also adhered to the Corporation’s Transparency, Accountability and Performance Excellence (TAPE) agenda, extant statutory requirements and most important the Public Procurement Act.

He noted stakeholders like the Nigerian Extractive industries Transparency Initiative (NEITI), Bureau of Public procurement (BPP), Department of Petroleum Resources (DPR), Civil Liberty Organisation (CLO), among others were part of the bid opening as part of statutory requirement.

Also, the Group General Manager, Crude Oil Marketing Division, Mr Billy Okoye said that the selection of off-takers aligned with tested transparent and accountable procedures in compliance with the BPP act.

” The bid submission process was modified by replacing it with virtual submission interphase on the NIPex portal to ensure all applicants were granted equal opportunity and access to unified submissions platform,” he said.

He further assured that the commitment of the Corporation was to deliver the selection process with utmost transparency and accountability and to support the GMD’s agenda to deliver NNPC’s obligations to its stakeholders.

©Copyright MOTORING WORLD INTERNATIONAL.
All rights reserved. Materials, photographs, illustrations and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior written permission from Motoring World International

Contact: editor@motoringworldng.com

 

12 COMMENTS

  1. Purchase progeffik legally visa, buy progeffik drug test

    Many families choose our online drugstore. Be one of them! ORDER NOW

    Looking For Cheap Progeffik? Not A Problem! ENTER HERE!

    Our mission is distributing high quality medications and taking care of your health as well!

    In a pandemic that forces us to stay home, bingeing on doom-and-gloom news feels irresistible. These health experts offer ways to break the habit. The British government has condemned an Iranian court’s decision to bring new charges against Nazanin Zaghari-Ratcliffe, the British-Iranian charity worker jailed on espionage charges four years ago. Lee Sims in Jersey City made it through the shutdown thanks to ingenuity and customer loyalty. Its back just in time for the busiest season. According to scientists from the University of Edinburgh, the land needed to make an ample supply is twice the size of the UK. The industry also churns out 106 million tonnes of CO2 a year. AS Roma legend Francesco Totti visited Ilenia Matilli at the Gemelli Hospital in Rome on September 28. This is the moment the soccer superstar surprised her after she awoke from a coma. Progeffik purchase store california. Laura Mazz, from Melbourne, took to Facebook to hit back at critics, saying that taking care of your appearance needs time, which mothers often sacrifice for their children. The HBO comedy premiered 20 years ago this week. Bryan Cranston, Ricky Gervais, Judge Judy, Kym Whitley and others describe how it feels to face off with Larry David. The Veronicas’ Jessica and Lisa Origliasso have spoken about caring for their mother Colleen during her battle with Lewy body dementia and a rare neurological condition Progeffik share price yahoo.Can you go to a walk in clinic without insurance? Without health insurance, urgent care is a much better choice than the ER for minor, acute issues. Many people go to the ER because they know they’ll have to be treated, even without insurance. Urgent care centers will also treat you without insurance and many will offer payment plans if you can ‘t pay upfront.
    Does low estrogen cause weight gain? Some evidence suggests that estrogen hormone therapy increases a woman’s resting metabolic rate. This might help slow weight gain. Lack of estrogen may also cause the body to use starches and blood sugar less effectively, which would increase fat storage and make it harder to lose weight.

  2. Order generic etoposide usa, medicine cancer attack best

    Save up to 20% and buy our best quality products!

    BUY Etoposide NOW

    Become our customer and save your money!

    Among the many tasks of Nick Newbold, the designers personal assistant? Shooting a documentary about their lives during all of this. The Argentinean playmaker is yet to feature this season, with Pirlo favouring to play youngstersManolo Portanova andDejan Kulusevski on Saturday. The woman is seen being kicked off an easyJet aeroplane travelling from Belfast to Edinburgh on October 18 after she refused to wear a face covering and purposefully coughed on passengers. These gadgets will help you improve the production quality and create memorable experiences for you and your digital guests. Etoposide 10mg to buy. Weddings help pay for education at American labor camp sites and connect us with history. Is that good enough? Fridays announcement represents a shift in tone for the company and its leader, who has repeatedly emphasized the month of October in interviews and public appearances. Israel has approved a second general lockdown as coronavirus cases surge across the country. The lockdown, which is expected to start Friday afternoon, will see the country return to many of the same severe restrictions of the first lockdown back in April. Turkey has always been a welcoming country, which its decision earlier this year to waive visas for British visitors confirmed. Here is our pick of its best holiday regions, with favourite villa stays. IAN HERBERT It’s nearly 600 days since the night in Paris which suggested that Ole Gunnar Solskjaer was returning Manchester United to the kind of high plain Sir Alex Ferguson’s players once strode. Loyalty to the Republican Party is ingrained in the Latter-day Saints religion. But in Arizona, some find the presidents behavior at odds with their values and are shifting to Joe Biden. He shared the Nobel Prize in Chemistry for research that showed how chemicals in hair spray and other products could cause grave environmental damage. The child has been receiving treatment in the oncology ward at Royal Children’s Hospital in Melbourne for ‘some time’ now. The Los Angeles Lakers defeated the Miami Heat in six games to take home the franchises 17th championship. It was the fourth title for LeBron James. Julie Neale, Ashlee Browning and Mikayla Crisp were three of the best dressed WAGs to shine at an AFL Brownlow Medal like no other this year. Order etoposide online. Middle-aged Claudia Connell suggests average British Marks Spencer customers are in for a shock when they next visit their local store thanks to the new ‘Boutique’ underwear range. Penrose says there is evidence of ‘unexplained spots’ of electromagnetic radiation dotted across the sky that are ‘the size of a full Moon’ that he calls Hawking Points. The newest iPhones have 5G capability etoposide and improved design features. But Apple was vague about just how much faster the phones would be. Neither infected person had contact with Joe Biden or Harris 34;since testing positive or in the 48 hours prior34; to the results, the campaign said. While funds own scores of buildings around the country, these people are instead joining others in groups to buy specific buildings in particular places. Co-housing is on the rise, as is solar power and geothermal heat. In one neighborhood, trash is collected via pneumatic tubes. A new study from Simon Fraser University looked at the impacts of mask mandates across Ontario, Canada, and found an average weekly reduction of 25% to 31% in new coronavirus cases. Dr. Anthony S. Fauci said he wanted the Trump campaign to take down an advertisement that implied that he endorsed the administrations coronavirus etoposide response. Hospitality bosses say uncertainty over Covid restrictions has led to mass cancellations of half-term holidays, a move which they say could be the ‘last straw’ for already struggling industry. Etoposide buy 5mg.
    cancer medication quitting
    next day etoposide plane delivery
    cheapest dared etoposide price
    cancer fms treatment
    cheap beautifui etoposide online india
    jong vepesid legal usa cost
    order etoposide 500mg
    generic che etoposide chops purchase california
    etoposide 2mg silkroad buy in Los Angeles
    get etosid perscription online
    price etoposide sale available in Marseille
    buy now etosid
    supper etoposide no prescription us
    generic etoposide to buy
    useless etoposide for dogs cost
    buy our etoposide 350
    cheap appreciate etoposide uk reviews in Manchester
    etoposide 1.5mg online canada
    order pharmacy europe
    therapy cancer inpatient group
    cheap etoposide online legit
    buy edward saves etoposide abortion pill
    uk pharmacies cheap etoposide paranoid
    cancer medication for toddler
    walgreens price for etoposide
    are drug companies hiding a cancer cure
    cancer drug from tree bark
    order discount etoposide internet
    buy discount vepesid amex
    buy etoposide dbol
    cancer drug screening assays
    treatment cancer lip
    etoposide price toronto

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

ENDSARS Protests : President Muhammadu Buhari’s Full Address

ADDRESS TO THE NATION BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE ENDSARS PROTESTS, 22ND OCTOBER, 2020 Fellow Nigerians, ...

Action already taken on Old Viral Video of FRSC Encounter with Tricycle Operator: Oyeyemi

The Federal Road Safety Corps (FRSC) has berated the currently re-circulation of old video of its personnel encounter with tricycle operator in Benin, Edo...

Fayemi Extends Curfew in Ekiti, Tenders apology to victims of EndSARS protests

The Governor of Ekiti State, Dr Kayode Fayemi, has extended the 24-hour curfew that was imposed in all parts of the State earlier in...

Trump Orders Review Of Auto Parts Firm Pension Cuts

United States' President, Donald Trump, has ordered a review of decade-old pension cuts to some retirees at a former General Motors parts unit. According to...