Bulgaria-Greece Gas Pipeline Project Receives Initial Bids
Italy’s Saipem, a consortium including Azeri state firm SOCAR and nine other groups or firms have submitted initial bids to build a gas pipeline between Bulgaria and Greece, the company overseeing delivery of the project said.
ICGB launched a tender in April for design, procurement and construction of the 182-km (113-mile) pipeline that is estimated to cost 145 million euros (8 million). The contract winner will have 18 months to complete the project.
Other firms which have filed initial bids also include Italy’s Sicim, Greek company J&P Avax, Turkey’s Fernas, a group including Sicilsaldo, Nuova Ghizzoni and Inrakat, and a consortium of Germany’s Max Streicher and Greece’s Terna.
ICGB will draw up a shortlist of final bidders.
Sofia plans to use the pipeline to receive one billion cubic metres (bcm) of gas per year from Azerbaijan’s Shah Deniz 2 gas field after 2020, ending its almost complete reliance on Russian gas supplies.
Source: Reuters (Reporting by Tsvetelia Tsolova Editing by Edmund Blair)
- » Bulgartransgaz Creates Subsidiary for Gas Distribution Hub
- » General Electric Interested in Participating as Potential Supplier of Equipment and Engineer of Belene NPP
- » Energy Regulator Discussed Measure to Stabilise Power Prices at The Free Market
- » Urgent Meeting Due to Industrial Electricity Prices in Bulgaria
- » Bulgarian Energy Minister: We Have Created a Liberalized Electricity Market
- » Shell Hires Noble Globetrotter II for Drilling Offshore Bulgaria