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Date: Thu, 11 Jul 2013 17:10:28 +0100
Subject: From Nigerian National Petroleum Corporation (NNPC)
To:
Nigerian National Petroleum Corporation
Nigerian Petroleum Exchange
NNPC Towers, Central Business District,
Herbert Macaulay Way,
P.M.B. 190, Garki, Abuja
Ref: NNPC/NPE/R&P/TAM-00894/13
Contract No.: NNPC/TAM/RWPK-089/06/13
Dear Sir,
NNPC REFINERIES TURN-AROUND MAINTENANCE OVER-INVOICE
Following the removal of fuel subsidy in Nigerian Petroleum price that
caused an increase in fuel price from US$0.40 to US$0.87 per litre in
January 2012, the Federal Government decided to use the subsidy money
for the purpose of Turn-Around Maintenance (TAM) for their three
refineries in Warri, Port Harcourt and Kaduna and the sum of US$2.6
billion were set out for this purpose.
However, the contract was awarded to JGC Engineering, Japan and the
entire contract bidding process, terms and agreements was reached with
the Nigerian National Petroleum Corporation (NNPC), Nigerian
Government and two refineries has started production already, while
the remaining refinery is expected to start production on October this
year.
Meanwhile, the contract for Turn-Around Maintenance (TAM) for the
three refineries awarded to the JGC Engineering had an over-invoice
sum of US$150,000,000.00, and I told the NNPC Board that, this amount
belongs to one of our suppliers of Pipelines, who are yet to be paid,
and they requested that the supplier/contractor should come for his
money, if not they shall return it to the Government coffer Account as
un-used fund, that is why I am contacting you to act as the supplier
that executed this contract, and I shall provide you with all the
necessary information you need to know.
Based on that, I want to use this medium to inform you that the
over-invoiced sum of US$150,000,000.00 have been approved by the
Nigerian National Petroleum Corporation (NNPC) for release to you for
the supplies of the Turn-Around Maintenance Pipelines to the Port
Harcourt, Warri and Kaduna Refineries, and I want your maximum
cooperation and trust.
Lastly, this transaction is highly confidential, because I will not
entertain any form of illegal approach from unintended individual or
person. Upon the receipt of your response I shall further detail you
the procedures for receiving this fund from the NNPC. Meanwhile, the
sharing ratio of this fund will be on 50:50 bases. Your expedite
response will be appreciated. Thanks for your understanding.
Yours truly.
Group Executive Director, Refineries & Petrochemicals
Nigerian National Petroleum Corporation (NNPC)
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