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Kaieteur News
GEORGETOWN
EnergiesNet.com 12 17 2022
The National Procurement and Tender Administration Board (NPTAB) has announced that seven firms are competing to construct the country’s oil refinery. Earlier this week, Kaieteur News reported that four firms responded to the Ministry of Natural Resources’ advertisement for Request for Proposals (RFP) to design, finance and construct Guyana’s first oil refinery.
At the opening of tenders on Tuesday at the National Procurement and Tender Administration Board (NPTAB) office, it was revealed that the competing firms are DRL Engineering in joint venture with GESS, Sol Guyana Inc. in collaboration with CH4 Guyana Inc. and Lindsayca Inc., Freight N Cargo Logistics Inc., and Berbice Green Refining Inc. in joint venture with ARC Energy, Polaris EPC, and Barson SG.
However, NPTAB’s website was uploaded to include Quanten LLC, Environmental Engineering Solutions Inc., and SPEC Energy DMCC.
Kaieteur News had reported that the proposed facility will be designed to process 30,000 barrels of oil per day (b/d) and be located on land provided by the Government at the mouth of the Berbice River in the vicinity of ‘Crab Island’.
Government’s RFP said it expects construction to start by the first quarter of 2023 with project completion no later than two years after start date.
Importantly, Government said it will provide several incentives to the successful company.
Along with the estimated 30 acres of land to be provided, Government said it will also offer generous fiscal incentives for the project including a 10-year tax holiday, supply of feedstock (oil) from the Guyana Government’s share of profit oil at market prices, and access to the domestic market for sale of refined products (if desired).
The RFP had stated too that this project will be strictly financed and owned 100% by the private sector. “GOG will not have any ownership or investment interest in the project,” the advertisement mentioned.
Back in October, President Irfaan Ali had mentioned that the refinery will open opportunities in transport and logistics, the service industry, the construction industry, the rental industry, and much more.
Meanwhile, Government will soon be constructing a $385M all-weather road at Blairmont, Region Five to facilitate the Ministry of Agriculture’s Black Belly Sheep programme.
This was revealed on Tuesday at the opening of bids at the National Procurement and Tender Administration Board (NPTAB) office.
Below are the companies and their bids:
Ministry of Local Government and Regional Development
Ministry of Agriculture- National Drainage and Irrigation Authority
National Parks Commission
Ministry of Public Works
Ministry of Finance
Ministry of Natural Resources
kaieteurnewsonline.com 12 16 2022
