The management of Brentex CPP Limited (BCL) wishes to correct some mixups and inaccuracies in some of the reportage of its appearance at the hearing of the Senate Committee on Local Content being chaired by Distinguished Senator Natasha Akpoti-Uduaghan on Tuesday, 16th July, 2024.
The company, in a statement issued today (Wednesday, 17th July, 2024) in Abuja, said that, among other questions, the Committee Chair asked BCL to confirm its commitment to deliver its own segment (318km x 40” segment 2,) of the project by first quarter of 2025.
BCL responded as follows:
BCL has completed so far, over 80% of actual pipeline construction works, including crossings, and that it is working with NNPCL (Owner), barring any challenge, to deliver all the stations, by the first quarter of 2025, except 2 Terminal Gas Stations (TGS), which are under descope conversation between Owner and BCL.
The statement said it is equally imperative to clarify that the value of 1.27 billion dollars mentioned in some of the reportage of Tuesday’s interaction at the Senate is actually the entire value of the Engineering, Procurement and Construction (EPC)-Segment 2- contract, and NOT the value of the two TGS.
The company also said the two TGS stations represent only about 10% of our contract value.
According to the company, it is important to note that “we are one of the two contractors, and there are two segments of the project. BCL is only the contractor for segment 2 of the AKK project-Sarkin Pawa in Niger State to Tamburawa in Kano State.
For the purpose of emphasis, BCL wishes to add that it is very proud with the progress of its work.
The company said that any check will confirm that BCL’s performance is easily the best in the history of Government-funded pipeline construction projects in Nigeria.
“Furthermore, BCL has always recognised the support it receives from the leadership of the NNPCL, without which we may have had no magic to deliver on this project”, the statement said.
Signed:
Management, BCL
Wednesday, 17th July, 2024