The Tender for the Bulgarian Part of the "Turkish Stream" is Fixed?

The tender for the design, pipe supplier and contractor of the Bulgarian part of Turkish Stream, although formally not completed, has already had a clear winner. According to the Russian business edition RBK, the contract will be won by Dmitry Pumpanski's "Trumpet Metallurgical Company" (TMK). The cost of building a 484-km pipeline from the border between Bulgaria and Turkey will be about € 1.4 billion.

According to two sources, "the project should be realized at an accelerated pace, as Serbia is already in full swing". According to the source, TMK will deliver 300,000 tons of pipes and is already negotiating with the Austrian "Strabag" for the construction.

The Russian company says they will take part in the auction, which Bulgartransgaz will announce and awaits the decision for its resumption. Yesterday it became clear that the company related to Hristo Kovachki, "Atomenergoremont", withdrew its complaint.

In Serbia, Gazprom builds through its Gazstroiprom, but in Bulgaria it has decided to choose another company to comply with the Brussels rules after South Stream has been suspended and the giant has recorded € 800 million in losses.

Continue reading on: