Tata Steel inks key Iraq pipe contract
Dubai, November 10, 2013
India's Tata Steel said its energy and power unit has announced a multi-million pound order with Korea Gas Corporation (Kogas) for the supply of 110 km of line pipe and coatings for its Kirkuk to Baiji Dry Gas Project in Iraq.
Tata Steel, the second largest steel producer in Europe, said the Kogas deal has seen the manufacture and supply of line pipes for the key Middle East project.
A total of 10,000 tonnes of line pipe has manufactured and coated at the company’s 42 inch Mill in Hartlepool and has now been shipped to Iraq for installation, said a senior official.
The pipe, which measures 16 inches in diameter, is designed and manufactured specifically for the transportation of dry gas.
Carol Hughes, business development manager, Energy and Power for Tata Steel said: "The contract with Kogas is our largest ever in Iraq and indicates the current opportunities that are in the marketplace. Large-scale oil and gas projects, particularly brownfield, are beginning to receive significant investment in the country and our large presence in the region means we are well placed to capitalise on the increased activity."
According to her, the project comes on the back of strong growth for Tata Steel in the Middle East. "The company has been involved in several large projects and view ongoing activity in the region as crucial going forward," she noted.
“The Middle East offers many opportunities for Tata Steel and our customers. Recent growth and investment in the region has made it an attractive place to develop and do business,with many of our customers starting to increase activity in the region," remarked Hughes.
“As an organisation we have a global footprint and service companies which operate on an international scale. The Middle East is a growth area for Tata Steel,” she added.
Tata Steel, which has 20 years of experience in the Middle East, currently employs more than 30 people in the region and has its head office in Dubai with regional offices located in Abu Dhabi, Saudi Arabia and Qatar.-TradeArabia News Service