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Tekfen Construction and Installation Co., Inc., affiliate of Tekfen Holding Company, together with OOO Rusfen, owned 100 % by Tekfen Construction, has signed a Contract with Kharampurneftegaz LLC Company for construction and installation of 90 km. of gas pipeline. The Contract is related to construction works of first 90 km. of Gas Transport Pipeline between the Kharampur gas field and Connection Point to Gazprom Main Pipeline in Russian Federation. The value of the Contract is RUB 19,527,364,329 (approx. US$311 million). Commencement date of the Contract is 1st of February, 2020 and the duration for completion of our new project is planned as 16 months. |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.