EUROPIPE, United Metallurgical Company and Severstal to supply pipes for first line of South Stream’s offshore section
Background
German EUROPIPE GmbH manufactures a wide range of welded large-diameter steel pipes designed for operation under extremely high and low temperatures at a super-high underwater pressure.
Being one of the main pipe suppliers to Gazprom, United Metallurgical Company is a largest pipe manufacturer in Russia, mainly focused on the production of large-diameter pipes. The leading Russian and foreign companies from 30 countries are among the major consumers of the United Metallurgical Company products.
Severstal is one of the world's largest vertically integrated steel casting and mining companies with the assets in Russia and the USA as well as in Ukraine, Latvia, Poland, Italy, Liberia and Brazil.
The South Stream gas pipeline is a global infrastructure project aimed at constructing a gas pipeline with a capacity of 63 billion cubic meters across the Black Sea to Southern and Central Europe for the purpose of diversifying the natural gas export routes and eliminating transit risks.
South Stream's offshore section will run under the Black Sea from the Russkaya compressor station on the Russian coast to the Bulgarian coast. The total length of the Black Sea section will exceed 930 kilometers and its maximum depth will be more than two kilometers.
A 1,455-kilometer onshore section will cross Bulgaria, Serbia, Hungary and Slovenia. The gas pipeline will end at the Tarvisio gas metering station in Italy. Gas branches from the main pipeline route will be built to Croatia and to Republika Srpska.
On September 16, 2011 the Shareholders Agreement of South Stream Transport B.V. was signed for the construction of the offshore gas pipeline section. According to the document, Gazprom holds a 50 per cent stake in the project, Italian Eni – a 20 per cent stake, German Wintershall Holding and French EDF – 15 per cent stakes each.
In December 2012 the South Stream gas pipeline construction started near Anapa in the Krasnodar Territory. On October 31, 2013 the first joint was welded at South Stream's Bulgarian section near the Rasovo CS site. On November 24, 2013 a ceremony of welding the first joint of the Serbian section of the South Stream gas pipeline took place in the vicinity of Sajkas village, South Backa District.
The first gas will be supplied via South Stream in late 2015.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
