For the Liberia Petroleum Refinery Company (LPRC) to modernize and expand its Product Storage Terminal (PST), the company yesterday officially handed over a contract valued at US$21.8 million to Lutech Engineering and Project Management Consultants (FZC), a foreign-based company.
Lutech is a dynamic engineering, procurement, and construction company with an international presence, specialized in the construction of fuel/gas oil storage terminals, water treatment, supply and distribution, transmission and distribution of power.
The turnover ceremony was held yesterday at the LPRC’s training hall on Bushrod Island, when Managing Director Sumo G. Kupee expressed gratitude for what he said is intended to improve the entity.
He then described the project as a national priority undertaken by the government. Phase one of the contract, Mr. Kupee said, will cover basic work including the construction of two 80-ton truck weigh bridges; central control room; new operations building; a tank farm fire protection system; completion of two service tanks (fire water and slop tanks); and expanded loading gantry fitted for nine loading areas (an allowance two spares), among others.
Other project deliverables include new semi-automation system and safety solutions (tank loading gantry, valves, fire, water pumps, etc.); increased storage capacity; construction of four new product discharge lines; construction of tank farm piping network for product receipt and discharge; demolition of six old tanks; and construction of new ones with increased storage capacity.
As of the 25 percent of the project that would be dedicated to local contractors, Director Kupee expressed gratitude, adding, “This is because government has the commitment to empower Liberians.”
He meanwhile called on the Lutech Engineering group to honor its side of the agreement.
LPRC is one of the oldest terminals in the sub-region, which was initially constructed as a private corporation before the Government of Liberia took over management of the company 30 years ago as a state-owned enterprise.
“Since that time and up to the end of the 14-year crisis in 2003,” Kupee said, “The Corporation is yet to undergo a major repair of its facilities.”
Director Kupee said in an effort to expand the facilities, 21 companies earlier applied, but only seven of them were shortlisted.
“Out of the seven, three participated and presented both technical and financial proposals; but in the end, Lutech Engineering was recommended as the responsive bidder,” Kupee said.
On behalf of the company, Vijay Anand Krishnan, Managing Director of Lutech Engineering and Project Management Consultants, lauded the LPRC management for the confidence reposed in his firm through the awarding of the contract to them.
He assured the government that the company will live up to its commitment to ensure that the project is completed as scheduled.