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. Last Updated: 07/27/2016

Yamal Deal Signed

MOSCOW -- Global technology group ABB has signed a contract to deliver three compressor stations worth more than $200 million to the Yamal natural gas pipeline project between western Siberia and Germany, the company said.

The contract was awarded by Poland's PHZ Bartimex and Europol GAZ, a joint venture that will build and own the Polish part of the pipeline, ABB said this week. The joint venture includes partners Russian gas monopoly Gazprom, state-owned Polish Oil & Gas Co. and Gaz-Trading of Poland.