Petrofac bags €340m contract to build gas receiving terminal in Turkey
Oilfield services company Petrofac in collaboration with South Stream Transport, a wholly-owned subsidiary of Gazprom, has bagged a contract for the development of onshore pipelines and a gas receiving terminal near Kıyıköy in Turkey.
Under the terms of the €340m EPC contract, Petrofac will be responsible for offering engineering, procurement and construction for the receiving terminal.
Upon becoming operational in December 2019, the new facility will receive 31.5 billion cubic metres of gas per year from the TurkStream pipeline in Anapa, Russia.
Roberto Bertocco, managing director of EPCM for Petrofac Engineering and Production Services said: “We’re delighted to be working with South Stream Transport to help open up a vital gas export channel to Turkey and Southeast Europe.
“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.”