15 Oil, Gas Coys Win NNPC’s 2019/2020 DSDP Arrangement

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 Fifteen oil and gas companies have won the Nigerian National Petroleum Corporation’s (NNPC) 2019/2020 Direct Sale of Crude Oil and Direct Purchase of Petroleum Products (DSDP) arrangement.
According to the corporation which stated that this is in line with its avowed commitment to transparency and accountability in all its activities as committed by the new Group Managing Director(GMD), of the NNPC, Mallam Mele Kyari, the National Oil Company announced the winners of its 2019/2020 DSDP arrangement which will last for one year.
It said that following the completion of the 2019/2020 DSDP tender exercise, the 15 consortia/companies made up of reputable and experienced international companies and Nigerian Downstream companies emerged successful to undertake the 2019/2020 DSDP arrangement.
“The contract is for one year effective 1st October, 2019 to 30th September, 2020,” it said.
It listed the successful companies as follows: BP OIL INTERNATIONAL LTD./AYM SHAFA LTD,VITOL SA/CALSON-HYSON,  TOTSA TOTAL OIL TRADING SA/TOTAL NIG. PLC, GUNVOR INTERNATIONAL B.V./AY MAIKIFI OIL & GAS CO. LTD,TRAFIGURA PTE LTD./A. A. RANO NIG. LTD, CEPSA S.A.U./OANDO PLC, MOCOH SA/MOCOH NIG. LTD, LITASCO SA/BRITTANIA-U NIG. LTD./FREEPOINT COMMODITIES, MRS OIL & GAS COMPANY LTD, SAHARA ENERGY RESOURCE LTD, BONO ENERGY LTD./ETERNA PLC/ARKLEEN OIL & GAS LTD./AMAZON ENERGY, MATRIX ENERGY LTD./PETRATLANTIC ENERGY LTD./UTM OFFSHORE LTD./LEVENE ENERGY DEVELOPMENT LTD, MERCURIA ENERGY TRADING SA/ BARBEDOS OIL & GAS SERVICES LTD./RAINOIL LTD./PETROGAS ENERGY, ASIAN OIL & GAS PTE LTD./ EYRIE ENERGY LTD./ MASTERS ENERGY OIL & GAS LTD/CASIVA LTD, DUKE OIL COMPANY INCORPORATED.
 NNPC, further, stated that the tender process comprised technical and commercial bid submission respectively, evaluation and shortlisting, then commercial negotiations with prequalified companies and engagement of the successful consortia/companies by NNPC.
“Under the DSDP arrangement, the under listed fifteen (15) consortia/companies shall over the contract period, offtake crude oil and in return, deliver corresponding petroleum products of equivalent value to NNPC, subject to the terms of the agreement”, it informed.
In his takeover note on 8 July, 2019, the newly appointed NNPC GMD, Mallam Kyari, had promised to open NNPC books to public scrutiny, saying as a publicly owned company Nigerians deserve to know about the operations of the Corporation.
He reiterated his Management’s team commitment to transparency and accountability when he had a maiden Town Hall engagement with the staff of the Corporation where he launched the team’s policy direction tagged: Transparency, Accountability, Performance and Excellence (TAPE).
Meanwhile, the National Health Insurance Scheme (NHIS) over the weekend, gave  its formal accreditation to the NNPC Health Maintenance Organization (HMO).
The organisation said that this in view of the ongoing efforts by the corporation to provide qualitative healthcare services to Nigerians in all walks of life.
The accreditation which granted the National Oil Company the authority to establish and operate a functional HMO comes as a forerunner to the enviable plan by the corporation to activate a first rate medical delivery system across the country with potential to halt the ugly trend of medical tourism by Nigerians to other jurisdictions.
Receiving the certificate of accreditation at the NHIS Headquarters in Abuja, the Managing Director of the NNPC HMO, Dr. Musa Ribadu, said NNPC, being a corporation known for quality performance, was ready to improve the scheme and offer real-time value to the prospective beneficiaries of its packages.
According to him, the NNPC HMO Limited is poised to be the most preferred HMO in Nigeria and a role model that NHIS would be proud of its unique healthcare offerings.
“We are confident that our entry into the market will increase the national coverage statistics by at least 1 – 2 digits. We have better knowledge of the Oil and Gas Sector that can attract active participation within this sector for the scheme,” he said.
The NNPC HMO boss said the initiative to invest in this venture was part of NNPC’s plans to diversify its revenue base and contribute to the corporation’s bottom line.
In his remarks, the Executive Secretary, NHIS, Dr. Muhammed Nasir Sambo, expressed confidence in the capacity of the NNPC to fully utilize the opportunity offered by the NHIS accreditation to operate an efficient HMO that will delivered the much desired first rate services to its clientele.
Sambo commended the corporation for its track record over the year, wishing the National Oil Company well in its future undertakings.
“I am not unaware that NNPC is one of the most organized organizations in Nigeria and since they are well organized we have no doubt in our minds that NNPC will do whatever it takes to uphold the virtues and tenets of health insurance in Nigeria,’’ he said.
He also acknowledged the corporation’s long standing culture and track record in delivery of functional Corporate Social Responsibility (CSR) initiatives.  

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