BON MARINE SIGNED A CONTRACT WITH ” ARKAD” REGARDING “BALKAN STREAM PROJECT”
On October 1st 2019, a contract was signed between Bon Marine Ltd and ARKAD ABB SpA with main scope forwarding services and handling operation of pipes under the “Balkan Stream project”. This happened after “Bulgartransgaz” concluded a contract with Arkad, at the end of September 2019, to expand the gas transmission network from the Turkish-Bulgarian to the Bulgarian-Serbian border. The route will pass through 11 districts – Varna, Shumen, Razgrad, Targovishte, Ruse, Veliko Tarnovo, Lovech, Pleven, Vratsa, Montana and Vidin.
The total amount of the project accounts to 1.1 billion Eur. The total length of the gazline is 434 km and the term for completion of the construction works is up to 615 calendar days. At the end of 2019, Bon Marine has organized the transport and discharging operations of approx. 6500 pipes.
The Company has been strictly complying with its main contractual responsibility for timely and safe delivery of the pipes.