One of Türkiye’s leading conglomerates has won a tender to build a key pipeline that will transport natural gas from Romania’s Black Sea reserves and link the resources to a multinational European corridor, according to a statement.
A deal signed between Kalyon Holding and Romania’s natural gas transport system operator Transgaz on Friday foresees the construction of the Black Sea Shore-Podisor Gas Pipeline, or Tuzla-Podisor gas transmission pipeline, which will transport the gas to the inland connection points of the country.
The project is worth around 500 million euros (about $546 million). It involves constructing a more than 308-kilometer-long (191.38-mile-long) pipeline that will link the gas resources exploited in the offshore Neptune Deep project to the BRUA corridor.
BRUA is a project for a pipeline linking the gas transmission systems of Bulgaria, Romania, Hungary and Austria.
The project that is of critical importance for Europe’s energy security is planned to be completed in less than two years, said Serdar Över, executive board member of Kalyon Inşaat, a construction arm of the Turkish conglomerate.
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