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Five firms to bid for Kuwait's Al-Zour oil pipeline - newspaper
19 March 2017
Kuwait has invited five companies to bid for a contract to build an oil pipeline to Al-Zour refinery in South Kuwait after it was withdrawn from Dubai-based Dodsal Group, a newspaper reported on Sunday.
"Bidding will close after three months and completion date for the project has been reduced from 44 to 38 months," Arabic daily Al-Rai said, quoting oil industry sources.
"Five of the seven companies invited for the project have agreed to enter the tender for this project," the paper said, adding that the contract would be signed within 180 days and that both Dodsal and Larsen & Toubro of India have been excluded from the tender. The bidding companies have not been named by the newspaper.
Dodsal, which was the second lowest bidder for the project at 260 million dinars ($858 million), was awarded the contract on 4 January, 2017 after the withdrawal of the lowest bidder Larsen &Toubro of India, which quoted 230 million dinars ($759 million).
In a recent report, Al-Rai said Dodsal was awarded the pipeline contract although it failed to complete a 228-million-dinar ($753 million) oil gathering project in North Kuwait on schedule.
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