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Abroad   Company News   Natural Gas

12/30/2019

Tekfen İnşaat Signed Contract for Construction of Natural Gas Pipeline in Russia On USD 310 Million

Tekfen İnşaat Director General Mustafa Kopuz, “Tekfen İnşaat has constructed more than 6 thousand km pipeline in extremely different and difficult geographies from scorching deserts to snowy mountains. Now, we are excited to use this experience of us in Russia where we assume a project for the first time after a long interval."

Tekfen İnşaat, one of the most prominent contractors companies of Turkey operating abroad, has signed a new natural gas pipeline construction contract in  Russia on USD 310 million.

According to announcement of the company, Tekfen İnşaat has signed together with Rusfen, its Russia settled participation, a contract for 90 km natural gas pipeline construction and installation in Yamalo-Nenets Autonomous Region in West Siberia, with Kharampurneftegaz LLC.

Pipeline construction to start on 1 February and planned to be completed in 16 months 

Cost of contract covering first 90 km of gas transportation pipeline to be constructed between Kharampur Gas field and Gazprom Main Pipeline in Ural Federal Region and operated by Rosneft and BP’s partner Kharampurneftegaz, is 19,5 billion Ruble, about USD 311 million. Work subject to contract will start on 1 February 2020, 48 inch radius pipeline planned to be completed in 16 months. In project, total 800 people will be employed, 30% of which are Turks.

Yamalo-Nenets Autonomous Region, a region with tough geographic and arctic climate conditions, about 90% of Russia’s natural gas production and 14% of oil production is being realized.

Tekfen İnşaat Director General Mustafa Kopuz

Commenting on the new project, Tekfen İnşaat Director Generalü Mustafa Kopuz said, “Tekfen İnşaat has constructed more than 6 thousand km pipeline in extremely different and difficult geographies from scorching deserts to snowy mountains. Now, we are excited to use this experience of us in Russia where we assume a project for the first time after a long interval. I hope when we completed this project sucessfully, new job possibilities will be made available to new founded Rusfen and eventually to Tekfen in this regiions which is the heart of Russia as energy source. This new contract signed in the last days of 2019 and also two major tenders in which we passed preliminary qualification process in Qatar are important develoments lead us to entertain hopes for 2020.”

 

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