Petrofac Awarded TurkStream Pipeline Contract
Petrofac has been awarded a contract, valued at approximately 340 million euros, with South Stream Transport B.V., a wholly owned subsidiary of Gazprom, for the development of onshore pipelines and a gas receiving terminal near Kıyıköy in Turkey associated with the TurkStream Pipeline Project.
Under the terms of the contract, Petrofac will provide engineering, procurement and construction services for the receiving terminal, which will commence commercial operations in December 2019. When completed, the facility will receive 31.5 billion cubic meters of gas annually from the TurkStream pipeline, originating from the compressor station in Anapa, Russia.
“We’re delighted to be working with South Stream Transport to help open up a vital gas export channel to Turkey and Southeast Europe,” Roberto Bertocco, Managing Director, EPCm for Petrofac Engineering and Production Services, said. “We have been working collaboratively and successfully with our client’s team for the past five months to establish the project. We now look forward to progressing to the next phase where our focus is on achieving safe and effective delivery in line with South Stream Transport’s goals and expectations.”
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