Germany’s C.A.C. interested in Nairit

Germany’s C.A.C. interested in Nairit

14:24 ¢ 01.07.11

German company C.A.C. has shown interest in becoming the operator of
the Nairit, a spokeswoman for the Ministry of Energy and Natural
Resources told Tert.am.

A tender for an operator was announced earlier this year, with its
original dateline of June 15 having been prolonged to June 30.

The new operator is supposed to implement the project of developing
and reconstructing the Nairit in 2011-19, which is estimated $512.26
million, out of which $145.8 million is the company’s debts.

Other companies, such as Siemens (Austria, Sweden), Foster Wheeler
(France), Chemieanlagenbau Chemnitz GmbH ` C.A.C.-Õ¨ (Germany) and Air
Liquide-Õ¨ (France) have also shown interest in the project.

Tert.am