Chinese in front for Zueitina pipeline

23 September 2005
China Petroleum Engineering & Construction Corporation (CPECC) is the low bidder for the Zueitina Oil Companycontract to build a pipeline from Zueitina's 103A supply base in the Sirte basin to the Brega coastal pipeline.
China Petroleum Engineering & Construction Corporation (CPECC) is the low bidder for the Zueitina Oil Companycontract to build a pipeline from Zueitina's 103A supply base in the Sirte basin to the Brega coastal pipeline.

CPECC's price of LD 41.1 million ($31.2 million) was narrowly ahead of the LD 41.5 million ($31.4 million) bid submitted by Tunisia's Pirercoafter the submission of four rounds of revised prices. Egypt's Petrojetwas third with LD 43.2 million ($32.7 million). Bids from Germany's MAN Ferrostaal, Athens-based Joannou & Paraskevaides (J&P - Overseas), Bonattiof Italy with UAE-based Petrofac International, and the US-based Willbros Groupranged from LD 50 million-87 million ($37.9 million-65.9 million).

The project involves the construction of a 42-inch-diameter, 215-kilometre-long steel pipeline with capacity of 1,500 million cubic feet a day which will supply gas that will either run on to Melitah and Italy via the recently-commissioned Greenstream subsea pipeline or be used to fuel power generation. The gas will be sourced from the Faregh field operated by the local Waha Oil Company, and from Zueitina's own concession (MEED 26:8:05).

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