Feb 26, 2009
Gas pipeline construction in Nigeria The Nigerian gas company limited a subsidiary of Nigeria national Petroleum Company has limited expression of interest for engineering, procurement and construction of various gas pipeline systems.
Feb. 26, 2009
BRASS LNG PREQUALIFICATION STARTS Brass LNG Ltd, a joint venture of NNPC/CONOPHLLIP/ENI/TOTAL has invited interested experienced Environmental Monitoring Contractors and Consortium to prequalify for Enviromental Monitoring Service Contract for the proposed LNG


Requirements for making Crude Oil
Those who wish to buy and sell Nigerian crude oil must demonstrate their commitment to the oil industry through allocation of adequate resources of capital, equipment and manpower to the general business of prospecting, exploration and production of crude oil.

Those Eligible to apply?
An upstream investor who has acquired an oil prospecting license and must have completed a minimum amount of work on the concession.

Who may apply for Crude Oil License?
  1. Local Refineries
  2. International Refineries
  3. Internationally recognized Oil & Gas traders
Who may Purchase Nigerian Crude Oil?
  • A bonafide end user who owns a refinery and sales outlet
  • An established and globally recognised large volume trader proof of its global network, its operations and volumes of crude oil handled in the last three years.
Other Conditions
All applicants must have a minimum annual turnover of at least $100million and net worth of not less than $40 million. Successful applicants must show commitment to the development of the Nigerian economy by investing any number of opportunities that abound either in the oil industry or gas sector. Successful companies will be required to post a $1 million performance bond through a first class Nigerian bank in addition to the regular crude oil contract provisions.