Stroitransgaz’s Arctic Terminal May Cost $1 Billion, RBC Says
An Arctic oil terminal that OAO Stroitransgaz will build for OAO Gazprom Neft’s Novoportovskoye field may cost $1 billion, RBC Daily reported, citing several analysts’ estimates.
Stroitransgaz said it won the contract as head of a group of companies that includes shipper OAO Sovkomflot, Simferopol- based Institute Shelf and Van Oord Offshore BV of the Netherlands. Stroitransgaz didn’t specify the contract cost in a statement on its website yesterday.
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