17:31 GMT +316 July 2019
Listen Live
    Gaz pipeline

    Gazprom Awards $654Mln Contract for New Ukhta-Torzhok 2 Pipeline

    © AP Photo / Marko Drobnjakovic
    Russia
    Get short URL
    0 54

    Russia's largest oil and gas contractor has signed three contracts with Gazprom energy company to build stretches of the gas pipeline in northwestern Russia, Gazprom documents published Monday indicate.

    MOSCOW (Sputnik) Stroygazmontazh will be tasked with construction and installation at three sites on a 173-mile stretch of Ukhta-Torzhok 2 pipeline for a total of $653.9 million, the documents state.

    The pipeline is described as a key gas transmission infrastructure for Russia's Unified Gas Supply System.

    Ukhta-Torzhok 2 plays a key role in ensuring the delivery of the needed gas volumes to northwestern Russia for domestic consumption and export purposes, including in order to deliver natural gas into Nord Stream 2, according to Gazprom's website.

    Related:

    Russia's Gazprom, Japan May Negotiate Gas Pipeline Construction in December
    Russia May Drop Nord Stream-2 Project Over Greater Access to Opal Pipeline
    Russia Expects EU Approval of Access to Opal Pipeline in Late October
    Tags:
    gas pipeline, Stroygazmontazh, Russia
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik