ONGC Videsh (OVL) has completed work on the 741-km oil product pipeline in Sudan."The pipeline was dedicated to the people of Sudan by Salva Kiir Mayardit, First Vice President of Sudan, in the presence of energy minister Awad Al Jazz on December 10 at Khartoum," a company press release said today.The 12-inch pipeline is the maiden overseas engineering, procurement and construction (EPC) venture of OVL, the wholly-owned subsidiary of Oil and Natural Gas Corporation (ONGC).OVL successfully completed the pipeline project linking the Khartoum refinery to Sudan port in 14 months as against the contractual schedule of 16 months.The project, financed by OVL, had a contract price of $194 million. Repayments to OVL will be made by the ministry of energy and mining, government of Sudan, over a period of nine years in 18 half yearly equated installments. The first installment is due on December 30, 2005.
