Tender Details

Country: Philippines
Summary: Engagement of a Transaction Advisor for the Development of Pnoc National Strategic Petroleum Reserve Program
PHT Ref No: 52972787
Deadline: 18 May 2021
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: PHP 100000000.00
Notice Type: Tender
Document Ref. No.: 2021-04-071
Purchaser's Detail:
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Description:
Tender are invited for Engagement of a Transaction Advisor for the Development of PNOC National Strategic Petroleum Reserve Program
Procurement Mode : Public Bidding
Classification : Consulting Services
Category : Consulting Services
Contract Duration : 3 Year/s
Budget for the Contract : PHP 100,000,000.00
Area of Delivery : Metro Manila
Description : TERMS OF REFERENCE (TOR) FOR THE
ENGAGEMENT OF A TRANSACTION ADVISOR (TA) FOR
THE DEVELOPMENT OF A NATIONAL STRATEGIC PETROELUM RESERVE BY PNOC

BACKGROUND/RATIONALE

Petroleum Products play a crucial role in every major part of modern society: from the energy that powers the grid and different modes of transportation, to the production of goods that humans use in our day-to-day activities, and this demand continues to rise. The Department of Energy (DOE) estimates that between 2018 and 2040, the demand for petroleum products will rise at an average of 5.2 percent per year .

Being a nation that is almost completely reliant on imports to supply its crude oil and petroleum products requirements (in 2019, the country has imported 99 and 65.5 percent of its crude oil and petroleum products requirements, respectively) , pump prices in the Philippines are heavily affected by price adjustments caused by complications between different parties in the global stage, in addition to problems within its own borders, and natural and man-made disasters or unforeseen crises...
Documents:

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Engagement of a Transaction Advisor for the Development of Pnoc National Strategic Petroleum Reserve Program - Philippines Tender

The PHILIPPINE NATIONAL OIL COMPANY - MAIN OFFICE, a Government sector organization in Philippines, has announced a new tender for Engagement of a Transaction Advisor for the Development of Pnoc National Strategic Petroleum Reserve Program. This tender is published on PhilippinesTenders under PHT Ref No: 52972787 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2021-05-18.

The estimated tender value is PHP 100000000.00, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.