New ptj Issue 3-2019
Digitalization in the Pipeline Industry
The new PALIMEX®-880/-855
The two-tape system reliably protects your pipeline – and saves your budget.
Operations & Integrity Management and Compliance in an age of IIOT
Steve Hill >>> Honeywell Process Automation Solutions
New Technologies Drive Operational Performance by Connecting Smart Stations to Distribution Networks
Rossella Mimmi >>> Emerson Automation Solutions
Intelligent Predictive Maintenance in the context of Maintenance 4.0 for Oil & Gas Industry
Dr. Rama Srinivasan Velmurugan >>> GAIL (India)
Digital disruption will occur in Midstream as it is underway in other asset intensive industries
Sam Hemeda >>> Arundo Analytics
The Big Data Revolution: Detecting Pipeline Leaks, Encroachments and more Using Satellites
John Zhou & Caroline Beck >>> Satelytics
Best Practices for Cybersecurity Diagnosis in Industrial Environments
Ernesto Landa >>> Compania Operadora de Gas del Amazonas

Bulgaria the venue for the next stage of the Turkstream natural gas pipeline

Bulgaria the venue for the next stage of the Turkstream natural gas pipeline (copyright by Gazprom)

Saudi-led Arkad-ABB as well as an international consortium comprising Bonatti, Max Streicher and TNK are vying for final selection in Bulgartransgaz's 474-km natural gas pipeline project which would link Bulgaria to Turkey on its southern border and with Serbia on its western border. A third group led by MOL in Hungary did not meet the project requirements and will no longer be considered.

The Saudi-led group has submitted the lowest bid for the project: $1.23 billion by the end of 2020; $1.44 billion for construction within 8 months. Conversely, the international consortium offered to build the gas link for 2.4 billion euros by the year-end, or for 1.69 billion euros by the end of 2020.

Bulgartransgaz Chief Executive Officer, Vladimir Malinov, said "we will look carefully into the offers and will come up with a decision early next week," adding that the lowest offer was within its estimated cost.

Russia, which is building TurkStream to bypass Ukraine, has said it would need guarantees from the European Union that Brussels would not oppose extending one of the legs of the 15.75 billion cubic metre pipeline via Bulgaria.

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