REQUEST FOR EXPRESSIONS OF INTEREST
EXTENSION OF SUBMISSION DATE
Ministry of Energy
OIL & GAS CAPACITY BUILDING PROJECT
Credit No: 4847-GH
Description of Assignment: Selection of Consultant to prepare a detailed technical and financial audit of the Tema Oil Refinery.
- The Government of the Republic of Ghana has received financing from the World Bank toward the cost of the Oil and Gas Capacity Building Project (OGCBP), and intends to apply part of the proceeds for consulting services to prepare a technical and financial audit of the Tema Oil Refinery (TOR) which would assist the Government to chart a Strategy and Business Plan to ensure a sustainable turnaround of TOR.
- The Tema Oil Refinery is the only oil refinery in Ghana which has been in operation for almost half a century. It started as a tolling hydro-skimming refinery of the Ghana Italian Petroleum Company (GHAIP) processing crude for the oil companies for a fee. It was nationalized in 1977 and its name changed to the Tema Oil Refinery in 1991 when TOR was incorporated under the Ghana Companies Act as a limited liability company with the Government as its sole shareholder. TOR was revamped in 1996 to increase the capacity of its Crude Distillation Unit (CDU) from 28,000 barrels per day to 45,000 barrels per day. Later in 2002, a Residual Fluid Catalytic Cracker (RFCC) was commissioned with a capacity of 14,000 bpd to convert low-value residual fuel from the CDU to higher-value LPG and gasoline. With the revamps in 1996 and 2002, the refinery is in a good condition to operate efficiently and profitably if its financial and technical problems are resolved.
- The consulting services (“the Services”) identified below need to be completed within 15 weeks after commencement and include the following:
- Critically review the findings and recommendations of the Diagnostic Audit of January 2012.
- Conduct a detailed review of the proposed Plant Stabilization and Profitability Enhancement Project recommended by TOR management.
- Project operating results achievable through implementation of the Plant Stabilization and Profitability Enhancement Project and the related management and control improvements identified in the Diagnostic Audit.
- Formulate an action plan to reduce oil losses at TOR
- Identify in detail the steps needed to bring TOR’s maintenance, environmental, and safety practices into compliance with international industry standards.
- Evaluate the impact on refinery operations of using Jubilee crude oil as a feedstock.
- Identify TOR’s long term capital needs (working capital and fixed capital)
- Prepare a business plan for TOR based on the operating results and managerial improvements identified in the Diagnostic Audit.
- Evaluate strategic options for TOR to achieve a sustainable operating, financial, and competitive position.
- The Project Unit of the Oil and Gas Capacity Building Project (OGCBP) now invites eligible consulting firms (“Consultants”) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services. The short listing criteria are:
(i) Core Business and Number of Years in Business
(ii) Technical and Managerial Organization of the Firm
(iii) Description of Similar Assignments
(iv) Experience in Similar Conditions
(v) Availability of Appropriate Skills among Staff
- The attention of interested Consultants is drawn to paragraph 1.9 of the World Bank’s Guidelines: Selection and Employment of Consultants [under IBRD Loans and IDA Credits & Grants] by World Bank Borrowers, May 2004, revised October 2006, (“Consultant Guidelines”), setting forth the World Bank’s policy on conflict of interest.
- Consultants may associate with other firms in the form of a joint venture or a sub-consultancy arrangement to enhance their qualifications.
- A Consultant will be selected in accordance with the Quality and Cost Based Selection (QCBS) method set out in the Consultant Guidelines.
- Further information can be obtained at the address below during office hours from 0900 to 1700 hours GMT on working days.
- 9. Expressions of interest must be delivered in a written form to the address below (in person, or by mail, or by fax, or by e-mail) by September 20, 2012.
The Project Unit, Oil and Gas capacity Building Project (OGCBP)
Attn: Project Coordinator
Ministry of Energy
P. O. Box SD 40.
Tel: +233 0302 683990
Fax: +233 0302 680716
NB: Please note that the submission date has been extended from August 30th to September 20th 2012