Regulatory, Insurance, and Tax Support

A high level of industry awareness and technical expertise provides Independent Project Monitoring Company Limited (IPMC) consultants with the ability to address issues requiring expert opinions such as typical industry practices, accepted standards, business interruption costs, regulatory compliance issues, and fair market valuations.

Independent Project Monitoring Company Limited (IPMC) is regularly called upon to participate in various venues such as:
  • Federal Energy Regulatory Commission (FERC)
  • State and federal courts
  • Environmental Protection Agency (EPA)
  • Arbitration proceedings
  • Assessment review board proceedings
  • Audit and tax reviews.

Our consultants render opinions and give testimony on a wide range of issues including:
  • Rate case hearings
  • Disputes regarding asset sales
  • Mergers and acquisitions
  • Contract audits and interpretations
  • Feedstock and product quality issues
  • Transportation cost disputes
  • Classification of hydrocarbons
  • Fair market value of energy industry assets
  • Business interruption losses
  • Facility replacement costs.

Our consultants have also participated in industrial accident investigations, including the insurance claim process and subsequent litigation. These tasks involve assistance in determining the cause of an accident, the potential liability, the extent of property damage, the cost to rebuild or repair the facilities, and the cost of business interruption. Our technical expertise and understanding of the economics of the hydrocarbon process industries make us particularly well suited for these types of assignments.

Lagos Office Services

Independent Project Monitoring Company Limited (IPMC) Lagos office provides full service ad valorem tax consulting services to the energy industry. We have extensive experience in providing valuation, negotiation, and administrative services for upstream properties in all of the oil- and gas-producing states. Independent Project Monitoring Company Limited (IPMC) maintains state-of-the-art database systems to allow clients to completely outsource their ad valorem tax function to our team of highly experienced professionals. By employing petroleum and chemical engineers, as well as senior level ad valorem tax consultants, we pride ourselves in providing the highest levels of both technical and tax expertise. Our dedication to superior client service is unparalleled in the industry.

Tax Related Services:

  • Corporate income tax compliance Management
  • Telecommunication Tax Management
  • Tax Planning and Management Strategy
  • Oil and Gas Tax Management
  • Procurement of Acceptance Certificate
  • Personal Income tax management
  • Tax Compliance and Advisory services
  • Processing of Pioneer Certificate
  • Statutory responsibility on VAT and WHT
  • Tax Remediation and Reconciliation
  • Developmental tax Services

Loss and Quality Claims

Assisted clients with investigation, preparation of insurance claim, or resolution of a contract dispute related to oil losses and product quality. Provided expert testimony on the events leading to refinery damages and the associated level of losses.

Performance Arbitration

Successfully assisted a client as an expert witness in a binding arbitration case to recover monetary damages resulting from the failure of a distillate hydrotreating unit to achieve performance guarantees.



Independent Project Monitoring Company Limited (IPMC)

Independent Project Monitoring Company Limited (IPMC) is a professional consultant specializing in the petroleum refining, pipelines and terminals, gas processing, petrochemicals industries, Assurance, Taxation, , Human Capital Development Projects and Advisory services to meet...

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Our Approach

Independent Project Monitoring Company Limited (IPMC) consists of professionals who specialize in infrastructure and building, oil & gas industry and other sectors. Our capabilities and responsiveness to individual needs are our strengths. Our consultants have a strong record of operational and commercial accomplishments in the industry.

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