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Notice from Uganda National Oil Company Limited

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Added 10th October 2018 09:20 PM

REQUEST FOR PROPOSAL (RFP) FOR ACQUISITION OF TRANSACTION ADVISORY SERVICES FOR THE DEVELOPMENT KAMPALA STORAGE TERMINAL (KST)

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REQUEST FOR PROPOSAL (RFP) FOR ACQUISITION OF TRANSACTION ADVISORY SERVICES FOR THE DEVELOPMENT KAMPALA STORAGE TERMINAL (KST)

1. Introduction

Uganda National Oil Company Limited (UNOC) invites Proposals from qualified firms for the provision of Transaction Advisory Services for the development of Kampala Storage Terminal ( KST).

Government through the Ministry of Energy & Mineral Development (MEMD) acquired 299.18 acres of land for the development of a greenfield petroleum products storage facility- Kampala Storage Terminal (KST located North-West of Kampala MEMD has since mandated UNOC to take forward the development and operation of this terminal.

UNOC intends to undertake this assignment in a Joint Venture with a Strategic Partner (s). UNOC intends to hold up to 51% participating interest in the project, and will evaluate alternative financing options for its share, as may be proposed by interested Partners.

UNOC together with the Strategic Partner will undertake engineering designs, commercial studies, permit and approval processes, construction and operation of KST. KST will be developed as a phased storage terminal. The first phase of KST will comprise of a 60 million litre storage capacity and the subsequent phases will be determined by the market demand.

UNOC is therefore desirous of engaging the services of a qualified firm to offer Transaction Advisory services for the KST project.

2. Purpose

This request for RFP will assist UNOC to identify capable and experienced firms to provide Transaction Advisory Services on the KST project.

The firm will provide advice on the development of business models, financing structure/framework, ownership structure, and bankability of the project including the ability to source funds for the project. The firm will also participate in the identification and negotiation of the legal requirements for the project.

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