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11 Companies to Compete in Bulgaria’s South Stream Tender

Business » ENERGY | January 13, 2014, Monday // 14:37| Views: 1390 | Comments: 0
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Bulgaria: 11 Companies to Compete in Bulgaria’s South Stream Tender Photo by M3 Communications Group

A total of 11 companies have registered for the tender for constructing the Bulgarian section of the South Stream gas pipeline.

The Bulgarian Energy Holding (BEH) says it has received all valid applications by the deadline, January 10. The next step will consist of reviewing their documents and deciding which firms will progress to the 2nd round.

Under the requirements, the winning firm would have to carry out a detailed design, supply the equipment and materials, complete the construction, and train the personnel responsible for putting the pipeline into exploitation.

In early December, the EC cautioned that the bilateral intergovernmental agreements on the South Stream gas pipeline project between Russia, Bulgaria, Serbia, Hungary, Greece, Slovenia, Austria and Croatia had to be renegotiated in order to comply with EU law.

A groundbreaking ceremony for the Russian-sponsored gas pipeline project was held in Bulgaria at the end of October.

The South Stream agreement was signed in the Bulgarian capital Sofia on November 15, 2012 by former Bulgarian Prime Minister Boyko Borisov and Gazprom CEO Alexei Miller.

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Tags: South stream, Bulgarian Energy Holding, tender, Gazprom, Russia, Boyko Borisov, gas pipeline
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