96 companies jostle for pipeline, depot rehabilitation jobs
Oil Pipelines Photo: Getty Images At least, 96 companies are currently lobbying for contracts to rehabilitate Nigeria’s critical downstream infrastructure, especially pipelines, depots and terminals, the Nigerian National Petroleum Corporation’s (NNPC) said yesterday. The national oil company said the infrastructure would be contracted on a build, operate and transfer (BOT) financing model. With the model, the assets would be operated by the private firms after they are rehabilitated before they are transferred to the government depending on the number of years contained in the contract. ...
Source: guardian.ng