The process for the award of the AKK Project began in July 2013 with advertisement for tenders published by the NNPC in major national newspapers.
After a technical and commercial evaluation process, the Federal Executive Council at its 46th meeting on Dec. 13, 2017, approved the contract valued at over $2.8 billion.
The NNPC spokesman, Mr Ndu Ughamadu, said on Friday in Abuja that the AKK Gas Pipeline and Stations Project comprised Lots 1 and 3, measured 40inch x 614km.
According to him, the agreement, which is 100 per cent contractor-financing model, has been signed with a consortium of indigenous and Chinese companies.
"Under the terms of contract, Lot 1, with total length of 40 inch x 200km stretching from Ajaokuta to Abuja Terminal Gas Station (TGS), was awarded to the OilServe/Oando Consortium.
"Lot 3, which runs from Kaduna TGS to Kano TGS with a total length of 40inch x 221km, was awarded to the Brentex/China Petroleum Pipeline Bureau Consortium.
"It is envisaged that contract agreement for Lot 3 which covers 40inch x 193km, stretching from Abuja to Kaduna, will be executed in the weeks ahead," he said
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