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Nabucco paves the way for construction

24 April 2010 11:36 (UTC +04:00)

Nabucco Gas Pipeline International told APA-Economics that the value of the entire package is around Euro 3.5 Billion. The deadline for Companies to participate in the prequalification is Mai 17th. â€œLong lead items - like pipes and valves - are the cornerstone for pipeline construction and account for a considerable part of the overall investment costs. The prequalification process will identify the qualified companies and is the basis for a successful procurement,â€ Nabucco Managing Director Reinhard Mitschek stated.

The prequalification process will provide the Nabucco consortium with the opportunity to thoroughly assess the supplier market on a world wide basis. The interest of potential suppliers was intensive from the first day ongoing. After the prequalification is completed Nabucco intends to launch the respective tender. â€œThe prequalification for long lead items is a substantial step to start with construction at the end of 2011â€, said Mitschek.
The requested long lead items in this package including the line pipes, valves and bends needs to be ordered in advance in order to match the construction schedule. The specification of the materials has been prepared in accordance with the international recognized standards by engineering companies and the technical prequalification process of the respective procurement to be preformed by the independent third party. On the other hand the selection of the rout corridor has been recently completed for the first phase of the project. The right of way and permitting process for the environmental and social assessment and construction permit in the Nabucco countries is currently in progress.