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    HomeNewsSenate worries over delay in execution of $2.8bn AKK Gas Pipeline Project

    Senate worries over delay in execution of $2.8bn AKK Gas Pipeline Project

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    THE Senate has described as worrisome, delay on execution of $2.8billion Ajaokuta – Kaduna – Kano ( AKK) Gas Pipeline Project by Brentex CCP Limited.

    The Senator Natasha Akpoti – Uduaghan ( PDP Kogi Central led Senate Committee on Local Content while raising the alarm yesterday, took a swipe at management of Brentex CPP Limited on $1 27billion stations execution component of the contract.

    This was during an interactive session with them at the National Assembly.

    In his submission , the Chairman of Btentex CPP Limited , Sani Abubakar lamented to the committee that parts of the delay in the execution of the contracts were attempts being made by the Nigerian National Petroleum Company Ltd ( NNPCL) to descope $1.27billion station component of the contract .

    He said, ” NNPCL has written us that they are descoping the $1.27billion stations ( TGS )component of the contract and we have been in discussion with them for the past eighteen months.

    ” So , the delay on execution of the contract is not from us but from NNPCL.”

    Responding, Senator Natasha Akpoti – Uduaghan who told the Brentex Chief Executive that based on information at her disposal through documents submitted, NNPCL was making the move to take the stations component of the contract from Brentex for delay in execution, said, “Should i tell you , you are refusing to mention something. The reason why NNPCL is considering descoping that is that , they are not satisfied with the pace of work.

    “Let’s be very honest, they said the supposed to be completed in 2022, it wasn’t completed and they gave you first extension to 2023 and even recently extended again , to complete everything by May , 2025.

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    ” To the very best of every stakeholders’ knowledge, the stations are in your control because it still makes part of the $1.27billion as you said and the only person delaying is you.

    ” Consequently to sum it up , just submit every correspondence between your company and NNPCL.

    ” If they have written to you to descope , let us see that letter because I’m very sure , NNPCL must have stated in such letter that if you do not complete by so, so , we will take away this . They won’t just say we are descoping.”

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