Petrofac has been awarded an Engineering, Procurement and Construction (EPC) contract, valued at approximately EUR 340M, with South Stream Transport B.V., a wholly owned subsidiary of GAZPROM, for the development of onshore pipelines and a gas receiving terminal near Kıyıköy in Turkey.
Through its EPCm business, Petrofac has been undertaking early works since April, which includes FEED verification, detailed design and procurement for the project, which is associated with the offshore section of the TurkStream Gas Pipeline.
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 bcm of gas annually from the TurkStream pipeline originating from the compressor station in Anapa, Russia.
