OREANDA-NEWS. November 15, 2010. Prague, the Czech Republic – Contract for the realization of Lot No. 1 (1-А и 1-В) of GAZELLE Gas Pipeline Construction Project in the Czech Republic has been signed between the operator of the trunk gas pipeline transportation of the Czech Republic Net4gas and Stroytransgaz yesterday. The pipeline will be constructed within the framework of North Stream Project.

On behalf of Net4gas the contract was signed by the CEO Mr. T. Kleefuss and the Managing Director Mr. J. Nehoda, on behalf of Stroytransgaz – by the Chairman of the Management Board Mr. S. Makarov. Stroytransgaz will carry out the complex of work for design and construction of a part of the pipeline, near-border fiscal metering station Brandov, and procurement of a part of technological materials.

During the ceremony the parties expressed their confidence that the project will be successfully implemented and discussed prospects for cooperation.

Additional information
Stroytransgaz has a long-term operational experience in the European market. Since 1994 the company has successfully realized gas pipeline projects in Greece, Finland, Romania and Turkey. The performance of contracts proceeds in Greece and Finland. The European region is one of future-oriented lines of the company business development.

On October, 14, 2010 Stroytransgaz was officially recognized as the winner of the tender, carried out by Net4gas regarding GAZELLE Project. This is the first Stroytransgaz project of on the territory of the Czech Republic.