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Punj Lloyd JV bags contract in Abu Dhabi

Wednesday, 14 Jul 2010
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Punj Lloyd, in a JV with Spain's Tecnicas Reunidas, has bagged a $463 million (approx Rs 2,152.95 crore) gas gathering package contract from the Abu Dhabi Gas Development Company as part of a programme to develop the Shah sour gas reservoir.

Abu Dhabi Gas Development Company has also awarded three other contracts. Italy's Saipem S.p.A has bagged two contracts worth $1,648 million (approx Rs 7,663.2 crore) for sulphur recovery package and the product pipelines package while South Korea based Samsung Engineering Company has been awarded utilities and offsite package contract worth $1,496 million (approx Rs 6,956.4 crore).

The new Shah Gas Development facilities will be designed to process about one billion standard cubic feet of gas per day.

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