Bulgaria picks Saudi-led group to build $1.2bn gas pipeline

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AFP
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1554324731482966700
Wed, 2019-04-03 23:53

SOFIA: Bulgaria’s state gas network operator Bulgartransgaz on Wednesday chose a Saudi-led consortium to build a new pipeline through the country intended to hook up to Gazprom’s TurkStream project.
The consortium between Saudi Arabia’s Arkad Engineering and a joint venture including Switzerland’s ABB “had offered the most economically advantageous tender” for the 474 km (294-mile) pipeline to run from Bulgaria’s southeastern border with Turkey to its western border with Serbia, Bulgartransgaz said in a statement.

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