Renco / Terna JV was awarded by client TAP the Greece and Albania Compressor Stations EPC Contract Renco, in Joint Venture with the Greek Company Terna, was awarded the contract for the Engineering, Procurement and Construction (EPC) of the project’s compressor stations to be built in Greece and Albania.
In Greece, the award covers the provision of engineering, procurement, construction and commissioning of one compressor station at Kipoi, near the Greek-Turkish border.
In Albania, the award covers the provision of engineering, procurement, construction and commissioning of one compressor station at Fier, and one metering station at Billisht. The metering station is designed to measure natural gas coming from the Greek section of TAP.
The construction of the compressor stations is planned to start in the second half of 2016 and it will take approximately two years to complete. The compressor stations will be built in accordance with the highest international industry standards on health and safety, located away from highly populated areas, and causing minimum impact on the environment and local communities.
Renco, at the end of 2015, was awarded also the Tap Contract for EPC, in Italy, of the Pipeline Receiving Terminal.
Renco with the award of this new Tap Contract, confirms the rightness of its effort for the development of it presence in the oil & gas market, world wide.