Exec: Russia’s Stroytransgaz to focus on projects abroad
Prime-TASS, 28.06.2010
MOSCOW, Jun 28 (Prime-TASS) – Russian engineering company Stroytransgaz plans to focus on its projects abroad, Sergei Makarov, the company’s CEO, told reporters Monday.
Stroytransgaz is currently carrying out reorganization aimed at increasing efficiency, Makarov said. The company plans to expand its business in countries where it is already operating, he added.
Separately, Yevgeny Zagorodny, the company’s deputy CEO, said that Syria could again postpone the launch of a gas processing plant being built by Stroytransgaz. Initially, the launch was postponed until the middle of 2011 from January 2010. The plant is expected to become the second built by the company in Syria. The company finished construction of its first gas processing plant in November 2009.
Stroytransgaz plans to complete the construction of the Taweelah–Fujairah gas pipeline in the United Arab Emirates (UAE) sometime in September–November, Zagorodny also said.
Founded in 1990, Stroytransgaz, or Stroitransgaz, is one of the largest engineering companies in Russia’s oil and gas industry.
