In this article, we discussed NNPC Trading Limited registration processes and requirements. What they do and services in the Nigerian oil and gas industry and also the online registration and more.
What does NNPC Trading Limited do?
NNPC Trading Limited is global company and a subsidiary of NNPC Limited seeking to link energy demand to supply centers while providing energy for its home country, Nigeria.
A wholly owned subsidiary of NNPC Limited, NNPC Trading specializes in the trading of Crude Oil, Condensates, Refined Products, Natural Gas Liquids (NGLs), Liquefied Natural Gas (LNG), Liquefied Petroleum Gas (LPG) and other commodities in the Nigerian oil and gas industry.
Read: Nigerian Oil & Gas Vendor Registration
With a presence in three international trading centers, NNPC Trading Limited transact more than 15 million barrels of crude per month, setting a record for revenue of over 11.5 billion US dollars in 2022 while forecasting about 15.6 billion US dollars in 2023, a testament of commitment to excellence and profitability.
SERVICES IN OIL AND GAS INDUSTRY
NNPC Trading Limited is at the forefront of service provision to Marketers in Nigeria by always bringing new innovations to the Nigerian Oil and Gas Industry.
- To Provide Security of Supply of Petroleum Products
- Provision of Excellent Customer Services to Marketers
- Ensuring Movement of Petroleum Products to the Market
The NNPC Trading Online Marketers Portal
The NTL Online Marketers is an online service powered by the NNPC Trading Limited (NTL). The Portal provides online services for application and renewal of Bulk Purchase Agreement (BPA) for Marketers. The portal can be accessed at any time, from anywhere using any web-enabled device.
Read: NCEC Certificate Registration
Using the portal, Marketers can now do the following online:
- Apply for New BPAs
- Renew expired/expiring BPAs
- Make Payment for BPA Processing Fees
- Track BPA Application Status
- Manage and Update your Marketer Profile
- Correspond with NTL on BPA matters
Benefits of the Portal
The Online Marketers Portal completely automates all core processes involved in the application and renewal of Bulk Purchase Agreements.
With the portal in place, Marketers no longer need to physically be present at NTL to apply for BPAs. Summary of benefits of the portal:
- Convenient and Easy to Use
- High System Security
- e-Payment
- Electronic Data Storage and Processing
- Paperless, Flexible and Robust
- Real time Notifications and Alerts
- Numerous Reports for Administrative Purposes
- A Digital Experience Platform
Read: NipeX Vendor Registration Services
APPLICATION REQUIREMENTS
All applications are to be completed online
- Online Application – It must be duly completed. Applicants must ensure to provide correct and functional addresses, telephone numbers and e-mail at the time of submission. Any subsequent change must be promptly communicated to: The MD, NNPC Trading Limited. V
- Documents – All required documents should be clearly scanned and uploaded to the portal in PDF or JPEG format (documents shall not exceed 4MB) Uploading of zipped documents not allowed.
- Certificate of incorporation (CAC)/Registered Business name
- 3 years current tax clearance certificate
- DPR certificate (where applicable)
- VAT Certificate (where applicable)
- Reference letter from your bank
- PENCOM certificate (where applicable)
- Current ITF Registration certificate (where applicable)
Read: Local Content (NOGIC JQS) Certificate Registration
HOW TO APPLY
Applicants for either renewal or new permit should apply by going through the
following processes:
Step 1: Log on to NNPC trading portal
Step 2: Create your company account
Step 3: Complete the online application form
Step 4: Attach all applicable documents
Step 5: Submit your application
Step 6: Verification and confirmation of documents provided
Step 7: Make payment
Step8: Issuance of BPA Certificate to qualified contractors, vendors and suppliers (by
NTL)
INSPECTIONS
The NTL would conduct inspection/assessment of the facilities for all new applicants under the major and specialized categories, prior to a consideration for the issuance of BPA. Inspections would also be conducted on companies whose BPA had not been renewed for more than three (3) years preceding an application. All applications under Major and Specialized categories will be subjected to further evaluation by relevant Divisions/Units in the NTL; and assessed for their professional competencies and capabilities. It may be necessary to inspect existing companies/businesses that have applied for renewals from time to time. Companies must have physical presence in Nigeria. Inspections are without notice and without prejudice to existing permits and/or approvals.