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Brentex CPP clarifies Senate hearing on status of AKK Gas Pipeline project

Credible News by Credible News
July 17, 2024
in Development, Economy, Legal, News
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Brentex CPP clarifies Senate hearing on status of AKK Gas Pipeline project
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The management of Brentex CPP Limited, BCL, has addressed and clarified several mix-ups and inaccuracies reported about its recent appearance before the Senate Committee on Local Content, chaired by Senator Natasha Akpoti-Uduaghan, on Tuesday.

The company, in a statement issued on Wednesday noted that among other questions, the Chairman of the Committee asked BCL to confirm its commitment to deliver its own segment (318km x 40 segment 2,) of the AKK Pipeline project by first quarter of 2025.

BCL in a response noted that it has so far completed over 80% of actual pipeline construction works, including crossings, and that it is working with NNPCL barring any challenge, to deliver all the stations, by the first quarter of 2025.

The only drawback is the 2 Terminal Gas Stations, TGS, which the  NNPCL intends to descope.

The company equally clarified 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-Segment 2- contract, and not the value of the two TGS.

READ ALSO: Updated: Senate rejects motion to punish Ndume, names Monguno as new chief whip

“The two TGS stations represent only about 10% of our contract value.

“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 recognized 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 read.

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Tags: BrentexSenate Committee on Local Content
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