J&P AVAX files lowest bid to build Bulgaria-Greece gas link - KATHIMERINI / REUTERS

TUESDAY APRIL 23, 2019, 15:04

Greece’s J&P AVAX filed the lowest offer in a tender to design and build a gas pipeline between Bulgaria and Greece, project manager ICGB said on Tuesday.

The company offered a price of 144.85 million euros ($163 million) to build a 182 km (113 mile) pipeline which Sofia hopes will become operational in 2020 to transport Azeri gas to Bulgaria and end its almost complete dependence on Russian gas supplies.

A consortium of two Bulgarian companies and Italy’s Bonatti submitted an offer of 229.3 million euros in the tender.

ICGB said it would examine the offers and pick a winner by the end of May. The pipeline will have an annual capacity of 3 billion cubic metres.

The European Commission has said it would invest 33 million euros of European Union funds in the project.

ICGB is 50 percent owned by Bulgaria’s state-held BEH energy holding company. The remaining shares are held by the Greek gas company DEPA and Italy’s Edison. 

New project in Egypt - BONATTI GROUP

04/NOV/2017

Bonatti Group has been awarded an electrical and instrumentation contract for the development of Zohr, the supergiant gas field discovered in 2015 in Egyptian offshore.

The scope of work is focused on onshore area and includes the key services, materials and equipment required for the safe installation of the project’s onshore electrical, cable, instrumentation, telecommunication and fire and gas equipment.

Such acquisition follows the one awarded by Bechtel to Bonatti’s subsidiary Carlo Gavazzi Egypt in July and confirms the capabilities and the strategic role of the company in the North-African area.

Bonatti Group has a longstanding presence in the country Egypt, with a qualified network of manpower (99% Egyptian nationality) that has worked on projects in the country for decades.

Over 3000 people working on Greek segment of TAP pipeline - WORLD PIPELINES

Friday, 09 June 2017 10:25Stephanie Roker

The Trans Adriatic Pipeline (TAP) AG announces that construction in Greece, the pipeline’s greatest geography, advances on time, on track and on budget. Thanks to the efforts of the over 3000 people working for the project, 13 months after the Inauguration Ceremony works have significantly progressed in two of the three northern Greek prefectures to be traversed by the pipeline: eastern Macedonia-Thrace and central Macedonia.

As of end May 2017, out of the approximately 550 km of pipeline in total to be built on Greek soil, TAP’s contractors have already: