Iran orders $330 million gas turbines from ALSTOM

Published March 19th, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

France’s ALSTOM has been awarded an order worth around €375 million ($330 million) to supply the National Iranian Gas Company (NIGC) with 50 industrial gas turbine compressor sets to be installed in 18 compressor stations on the IGAT pipeline system for gas transportation within Iran. Each of the type GT 10 turbines will drive a compressor.  

 

The ALSTOM gas turbine facility in Finspong, Sweden, will deliver the first 15 units within the next 16 months. The remaining units will be delivered over the following four years, having an increasing share of Iranian sourcing, according to a company press release. The latter will be coordinated by the Oil and Turbocompressor Company of Iran (OTC), a company which has been specially formed to deal with all aspects of the Iranian supply. 

 

ALSTOM is an international supplier of energy and transport infrastructure. The Company serves the energy market through its activities in the fields of power generation, power transmission and distribution and power conversion, and the transport market through its activities in rail and marine. 

 

Following the sale of its electrical contracting activity in July 2001, ALSTOM reported annual sales of €22 billion and employs 120,000 people in over 70 countries. The Company is listed on the Paris, London and New York stock exchanges. — (menareport.com)

© 2002 Mena Report (www.menareport.com)