Allseas scores another TurkStream job

Business & Finance

Dutch offshore contractor Allseas has signed a contract to build the second string of the Turkstream gas pipeline’s offshore section.

The company signed the deal with South Stream Transport B.V., a Gazprom-owned company responsible of the operation of the pipeline. The agreement was signed as part of the option included in the construction contract for the pipeline’s first string, which had been signed in December, 2016.

In a similar fashion to the construction of TurkStream’s first string, Allseas plans to use Pioneering Spirit, the world’s largest construction vessel, to lay more than 900 kilometers of pipes across the seabed for the second string of the pipeline.

TurkStream pipeline will stretch across the Black Sea from Russia to Turkey and further to Turkey’s border with neighboring countries.

The first string of the gas pipeline is intended for Turkish consumers, while the second string will deliver gas to southern and southeastern Europe.

Each string of TurkStream will have the throughput capacity of 15.75 billion cubic meters of gas per year.