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A Saudi-led consortium was definitively reinstated on Monday as the builder of a new gas pipeline through Bulgaria, intended to hook up to Gazprom's TurkStream project.

Bulgaria's Supreme Administrative Court announced Monday that the Saudi-led group's main competitors for the project had dropped a legal challenge relating to the award.

The latest development brings to an end a long-running tussle between the Saudi-led consortium and its competitors for the project, a consortium of Luxembourg-based Completions Development, Italy's Bonatti and Germany's Max Streicher.

Bulgaria's state gas operator Bulgartransgaz had initially chosen the Saudi-led group - made up of Saudi Arabia's Arkad Engineering and a joint venture including Switzerland's ABB - to build the 474-kilometre (294-mile) pipeline.

But Bulgartransgaz later decided to strike the winner off the tender for failing to supply documents needed to sign off the contract.

Instead it accepted the offer of the second-placed consortium led by Completions Development.

However, Bulgaria's competition watchdog ruled in July that the operator should honour its previous commitments and sign a contract with the Saudi-led group.

The watchdog's verdict was subject to a final appeal in the courts but the Supreme Administrative Court announced Monday that the appeal had been withdrawn, meaning that the Arkad-led group has now been definitively reinstated.

Copyright Agence France-Presse, 2019


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