NUPRC selects 139 bidders for next stage of gas commercialisation programme

By Innocent Obasi

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has selected 139 companies out of 300 firms as having qualified for the next round of the Nigerian Gas Flare Commercialisation Programme (NGFCP) 2022.

NUPRC made this disclosure in a statement signed by Gbenga Komolafe, the chief executive of the Commission.

“NUPRC is pleased to notify all interested parties, registered parties, the investor community, and the general public of the conclusion of the Request for Qualification (RFQ) phase of the Nigerian Gas Flare Commercialisation Programme (NGFCP) 2022 in line with the accelerated delivery schedule.

“You may recall that in furtherance to the Petroleum Industry Act 2021 (PIA), the NGFCP was restructured for enhanced value to investors, following in-depth assessment of current industry gas flaring situation and prevailing operational realities, coupled with changes in the socio-economic landscape since the NGFCP was initially conceived,” the statement said.

As a result, the NUPRC said that the Request for Qualification (RFQ) was issued to allow interested parties to register their desire to participate in the programme.

The commission is pleased to announce that 300 companies registered their interest to revalidate their prequalification status and submit Statement of Qualification (SOQ) as existing bidders and new participants, respectively.

“Following the successful conclusion of the SOQ evaluation exercise conducted by the Bid Evaluation Team (BET), a total of 139 applicants were deemed successful and awarded the qualified applicant status in line with the provisions of the RFQ,” the industry regulator said.

To achieve this and in consideration of Section 105 (2) of the Petroleum Industry Act (PIA) as well as similar provisions authorizing the commission in that regard, NUPRC stated it was publishing the list of qualified applicants who would move on to the Request for Proposal (RFP) phase of the NGFCP 2022.

The statement also informed all qualified applicants that they will receive further communications via their respective contact addresses and the NGFCP portal, ngfcp.nuprc.gov.ng accordingly.