site.btaItalian-Saudi Consortium Selected as Contractor for Building TurkStream Gas Pipeline in Bulgaria

April 3 (BTA) - The Italian-Saudi Consortium Arkad was announced as the winner of the public procurement procedure for the construction contractor for the gas pipeline from the Turkish to the Serbian border in Bulgaria, which may become part of the so-called TurkStream, Bulgartransgaz, which held the procedure, said on Wednesday.

Arkad offered the lowest price for completing the works.

Three bids were submitted in the procedure: from DZZD Consortium Gas Development and Extension in Bulgaria's GRRB, which included Consortio Varna 1 (set up by Bonatti S.p.A. and Max Streicher S.p.A.) and Completions Development S.a.R.L. Bulgaria branch; a consortium of Fovallalkozo Zrt and Industries-KVV Kivitelezo Zrt from Hungary; and Consortium Arkad with participants Arcad ABB S.p.A. From Italy and Arkad Engineering and Constructions Company from Saudi Arabia. IG/ZH


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