VOL. XLII

No. 17

26-April-1999

FSU

CPC Awards Pipeline Section Contract To Russian-French JointVenture

The Caspian Pipeline Consortium (CPC) on 22 April awarded acontract worth $270mn to a Russian-French joint venture to refurbish and builda new section of the Tengiz-Novorossysk pipeline. Starstoy, a consortiumcomprised of Bouygues Offshore and Spie Capag of France and two Russiancompanies, Kubanneftegastroi of Krasnodar and Stavropoltruboprovodstroi ofStavropol, will refurbish 300 kms. of...