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Russian Stroytransgaz to close office in Turkmenistan

Oil&Gas Materials 25 March 2010 11:54 (UTC +04:00)
The Russian Stroytransgaz will liquidate its office in Turkmenistan, the company reported today. Stroytransgaz will also liquidate a representative office in the Islamic Republic of Iran and branches in several Russian regions – Irkutsk, Krasnoyarsk, and Tyumen.
Russian Stroytransgaz to close office in Turkmenistan

Turkmenistan, Ashgabat, March 25 / Trend H.Hasanov /

The Russian Stroytransgaz will liquidate its office in Turkmenistan, the company reported today. Stroytransgaz will also liquidate a representative office in the Islamic Republic of Iran and branches in several Russian regions - Irkutsk, Krasnoyarsk, and Tyumen.

Stroytransgaz has worked in Turkmenistan since 2004. The company implemented oil and gas production and drilling equipment deliveries under several contracts in 2005-2006. Stroytransgaz won a tender for the construction of the main Malay-Bagtyyarlyk gas pipeline, worth 359 million euro, in February 2008. The work on the project successfully ended in December 2009.

The pipeline was a major part of a large-scale Turkmen gas transportation project to China via Uzbekistan and Kazakhstan. The company's Chairman Alexander Ryazanov attended the pipeline's inauguration ceremony.

Stroytransgaz consists of construction, engineering, industrial, oil and gas, and financial institutions.

Among the company's customers are Gazprom, Lukoil, Mosenergo, NIAEP, Rosneft, Sintez, TNC-BP, Transneft, RUSAL, BOTAS, ConocoPhillips, DEPA, Dolphin Energy, GAIL, Reliance, Saudi Aramco, SONATRACH, and the Syrian Gas Company.

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