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BETS B.V.


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BETS B.V. is a corporate structure established for the Construction of Onshore Processing Facilities within Sakhalin II Development Project. BETS B.V.’s shareholding companies are 50% Technostroyexport, 25% Enka and 25 % Bechtel. BETS B.V. is a Russian Entity for the purposes of Product Sharing Agreement. Bechtel-Enka is a contractual Joint Association between Bechtel International Inc., incorporated in USA and Enka Insaat Ve Sanayi AS, incorporated in Turkey. Both partners have equal participation in the Joint Association and provide resources to form integrated teams to specific projects on an “as and when needed” basis. The partners enter into a contractual agreement on a project-by-project basis.

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BETS B.V. is a corporate structure established for the construction of Onshore Processing Facilities within Sakhalin II Development Project.

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