Bulletin Updates

Petchem licensor: Conditions relaxed – 12 Nov 2025

Nov 12, 2025

A rare 90 percent EMD cut and expanded feed-spec obligations redraw the contract’s financial and technical architecture. Whether these corrections spur wider global participation will be clear

Bidders objected to dependence on PMC approval for final BEDP acceptance and payment, arguing lack of contractual control.

The removal of the “banning order by another Oil PSE” phrase from eligibility criteria narrows the scope of disqualification and could allow return of some international vendors previously barred elsewhere.

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