Liquefied petroleum gas distribution facilities expansion project, Bulgaria

6th March 2015

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Liquefied petroleum gas (LPG) distribution facilities expansion project, Bulgaria.

Client
Regional trader and distributor of liquefied natural gas (LNG) Bulmarket DM.

Project Description
The project involves the expansion of Bulmarket’s LPG distribution facilities. This involves the construction of two LPG terminals to increase geographical coverage and storage capacity; the construction of LNG distribution facilities at three sites – one at the new LNG distribution facility, in Ruse, and two at existing or shared LPG storage terminal sites; the buying of LNG trucks; and the installation of equipment at customer sites and at three of Bulmarket’s retail filling stations to convert LNG to compressed natural gas.

Value
The project is estimated at €31-million. The International Finance Corporation is considering a €15-million loan for the project.

Duration
Not stated.

Latest Developments
None stated.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Bulmarket, tel +359 82 817 400 or fax +359 82 844 862.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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