ADVERTISEMENT

Russia’s Stroytransgaz completes gas pipeline in Greece

Energy Trade

Russian pipeline-building company Stroytransgaz said Monday it had finished constructing a short natural gas pipe section in Greece, which extends an existing route from Alexandroupolis to Turkey.

The new 53.7 kilometer (33 miles) section runs northwest from the city to Komotini. The new addition is a continuation of a pipeline built by Stroytransgaz in 1996-2000, and provides a link between the gas supply networks of Greece and Turkey, the company said. The contract to build the new section was signed in December 2005. The project was implemented jointly with Greece’s Prometheus Gas S.A., on an order from the Public Gas Corporation of Greece (DEPA). In line with the contract, Stroytransgaz built the pipeline with a diameter of 36 inches, and constructed other necessary facilities. Both projects implemented by Stroytransgaz were the result of Russian-Greek cooperation fixed in a 1994 intergovernmental agreement on natural gas supplies.

Stroytransgaz was founded in 1990. It specializes in designing and building pipeline systems, oil and gas production facilities, and underground gas storage facilities. Stroytransgaz is currently involved in large projects in 15 countries. Russian energy giant Gazprom sold its blocking stake in the company last year. (rian.ru)

ADVERTISEMENT

MKIK: Local business tax should be maintained Analysis

MKIK: Local business tax should be maintained

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Capital sees urban exodus during pandemic City

Capital sees urban exodus during pandemic

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.