|
The Ministry of Commerce and Industries has decided
to delegate the definition of the reformed structure
and process for privatizing the petroleum enterprise
to an advisory company well versed in privatization
and petroleum enterprises through a competitive
bidding process. The MoCI intends to invite
Expression of Interest (EoI) from companies for this
purpose as defined below.
The goal of this FTP project is only to prepare a
plan and process for privatizing this enterprise. It
does not include the privatization itself. The
selected company will have the following
responsibilities that are to be listed in the
Request for Quotation (RFQ):
(a) Detailed due diligence and review of
operational, accounting, financial, legal,
environmental, contractual, regulatory, labor, and
other institutional aspects of the current petroleum
enterprise.
(b) Determination of the feasibility of different
transaction structures (public/private partnership,
private sector, or other plan and recommendation of
the transaction structure for private sector
participation.
(c) Explanation of the value of the enterprise and
its commercial activities.
(d) Development of appropriate legal and contractual
agreements.
(e) Preparation of bidding documents, post-bid
evaluation mechanism, and conclusion of divestiture.
(f) Definition of detailed Terms of Reference (ToR)
which include the details of the assets of the
Petroleum Enterprise to be sold and how the new
enterprise should be organized, with or without its
provincial agencies.
(g) Recommendation of a solution for placement of
enterprise personnel, at present 1500 people.
The MoCI expects transparency and accountability in
the selection process. The terms and conditions for
participation in this RFQ must include the
following:
1. High quality services to ensure the successful
conclusion of the eventual divestiture.
2. Working experience in this activity
3. Accountability for due diligence in preparation
of the recommendations.
4. Intention of encouraging the development and use
of Afghan consultants and domestic capacity
building, e.g., studies and deliberations should be
done by
experts in Afghanistan.
5. CVs of experts attached to the proposal.
6. The documents and reports must be prepared
in English and Persian.
7. Dead line for EoI : April 30, 2008
Note: The chart of assets, gas stations and
reservoirs is attached with this letter.
Contact :
Mr Hachemi, Chief advisor to the Minister of
Commerce and Industries (MoCI)
hachemiaf@yahoo.com
|
