Rolls-Royce wins 40m dollar contract to power Asian gas pipeline



LONDON (ShareCast) - Rolls-Royce, the global power systems company, has been awarded a 40m dollar contract to supply equipment and related services to power the flow of natural gas through the Uzbekistan section of the Turkmenistan-China natural gas (Other OTC: CHNG - news) pipeline.

The FTSE 100-listed company will supply Asia Trans Gas (ATG), a joint venture between Uzbekistan's Uzbekneftegaz and China's National Petroleum Corporation, with three RB211 gas turbine driven pipeline compressor units for operation at a compressor station on the 530km Uzbekistan section of the 1,830km Turkmenistan-China natural gas pipeline.

Li Lin, General Director of ATG, said: "We need reliable and efficient technology to transport the gas on this important project for Uzbekistan and China. Rolls-Royce technology is an excellent fit. We look forward to on-time delivery of the equipment and high levels of in-service support."

Andrew Heath, Rolls-Royce President of Energy, said: "Rolls-Royce technology is at the heart of China and Central Asia's growing natural gas pipeline network. This contract strengthens our role and demonstrates the track-record of reliable technology and services we deliver to the world's largest energy infrastructure projects."

The Uzbekistan section of the Turkmenistan-China natural gas pipeline will transport 25bn cubic meters per year of gas from Turkmenistan, through Uzbekistan and Kazakhstan, to China, helping to stabilise China's energy consumption with cleaner natural gas.

Rolls-Royce will manufacture and package the equipment at its energy facilities in the US.