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NNPC awards two of three gas pipeline deals

Nigeria owing IOCs $5.1bn

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NNPC TOWERS 2

The Nigerian National Petroleum Corporation (NNPC) on Friday said it has awarded two of three gas pipeline contracts which in total will be worth more than $2.8 billion.

One contract for a roughly 200 km (124.27 miles) stretch of the 614 km Ajaokuta-Kaduna-Kano pipeline and stations was awarded to Oando Plc and OilServe, the state oil company said in a statement.

Another stretch of about 200 km was given to a partnership between China Petroleum Pipeline Bureau and Brentex, NNPC said.

It did not say how much each individual contract was worth.

A third contract will be executed in the coming weeks, NNPC said.

Agency Report

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