Turkish company is aiming to produce 15 percent of pipes for Nabucco project
Azerbaijan, Baku, Nov. 2 / Trend A. Tagiyeva /
Turkish company Ozbal Celik Boru is aiming to produce about 15 per cent of the pipes for the Nabucco project, designed to diversify gas supplies to Europe, the company told Trend on Wednesday.
"Nabucco is a huge project," the company said. "Only our company is unable from a technical point of view, to provide the whole project with the pipes."
According to the information, the Turkish steel firm Ozbal Celik Boru Company and the Nabucco consortium have not signed a written agreement. However, the company received the document on the technical compliance from the German TUV company and the financial compliance from the Austrian OMV company.
After the results of open season on the Nabucco pipeline were announced (putting the gas pipeline capacity for sale), the selected companies will start the pipe production from the second half of 2013 worth $500 million during the next four years, board chairman Yucehan Ozture said earlier.
Mr. Ozture said the company has established a special production line to produce pipes for Nabucco project which is designed to transport gas from the Caspian region and the Middle East to EU countries. It is worth 7.9 billion euro, with its construction planned to start in 2013 and the first supplies to be commissioned in 2017.
The project's participants include the Austrian OMV, Hungarian MOL, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and the German RWE.