Twenty-eight local and international companies had bought the bidding rules.
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Venezuela Ready for Pipeline
Bids underway for massive East-West project...
Twelve Venezuelan companies have submitted bids to the country's state oil company PDVSA for three contracts to build the first stage of the east-west interconnection gas pipeline (ICO), a source connected to the project told BNamericas.
Twenty-eight local and international companies had bought the bidding rules.
The first stage of the project will transport some 40-100 million cubic feet of gas a day about 70km from Falcon state gas fields to the Paraguana refining complex (CRP).
The three contracts will be awarded by the end of February, work will get underway in March-April and operations are scheduled to start by January 2005.
Twenty-eight local and international companies had bought the bidding rules.
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