Allseas to complete Turkish Stream pipelay by late 1Q18
By Trend
Switzerland’s Allseas Group S.A., which has recently signed an
agreement with Russia’s Gazprom company on the Turkish Stream
project, has revealed the time for completing the pipelay.
“The pipelay work should commence in July 2017 and should be
completed around the end of the first quarter of 2018,” Allseas
Group S.A. told Trend Dec.12.
South Stream Transport B.V. company, a 100-percent subsidiary of
Russia’s Gazprom company signed an agreement with Switzerland’s
Allseas Group S.A. Dec.8 on construction of the first line of
Turkish Stream pipeline’s offshore section.
Under the contract, Allseas should lay over 900 kilometers of pipes
along the seabed.
Russia and Turkey signed an intergovernmental agreement October 10
on the implementation of the Turkish Stream project.
The agreement envisages construction of two branches of the main
gas pipeline under the Black Sea, the capacity of each branch being
15.75 billion cubic meters of gas.
One branch is meant to supply gas directly to the Turkish market
and the other for the supply of gas by transit through Turkey to
Europe. The intergovernmental agreement also stipulates that these
two offshore branches should be built by December 2019.
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