Jersey based oil field services company Petrofac secured a €340
million contract along with Gazprom subsidiary South Stream Transport BV
to build a gas receiving terminal in Turkey, the company announced on
Tuesday.
Petrofac announced that the engineering, procurement and
construction (EPC) contract includes the development of onshore
pipelines and a gas receiving terminal near Kıyıkoy on Turkey's
northeastern Black Sea coast.
The company has been undertaking
early works since April, which includes detailed design and procurement
for the offshore section of the TurkStream natural gas pipeline,
according to a company statement.
Under the contract, Petrofac
will provide engineering, procurement and construction for the receiving
terminal, which will be ready for 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," said Roberto Bertocco, Managing
Director, EPC for Petrofac Engineering and Production Service.
More
than 20 percent of the TurkStream natural gas pipeline, which will have
a length of 900 kilometers and carry Russian gas to Turkey and Europe,
has been already constructed.
(Anadolu Agency)