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Costain claims £900m Iran gas deal

Costain has won a £900 million deal to build a new gas treatment plant in Iran.
The National Iranian Gas Company has awarded the firm the deal for the Bid Boland 2 plant, which will process up to 2 billion cubic feet of gas per day.

Costain has teamed up with Spanish giant Dragados and Iranian companies Sazeh and

Jahanpars for the project, which will be built in the south-west

of Iran, near Behbahan City in Khuzestan province.

The job is expected to take four years to complete. Costain built the existing Bid Boland 1plant in the 1970s, and carried out its first project in Iran in 1935.

Costain chief executive Stuart Doughty said: 'Against intense competition, we were awarded the contract in recognition of

our overall technical, engineering and construction expertise. This contract is

a significant boost to our strategy of developing an international gas

processing business.'

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