Contract worth 127 million USD has been clinched by a Korean company recently for building around 110 KM Iraq’s pipeline, linking cities of Kirkuk and Baiji states. This news has been flashed by the Korean media.
KOGAS or Korean Gas Corporation illustrated that the company would sign a contract with Iraqi Pipeline Corporation within this month. It is to be noted that OPC is the organization which is controlled by Iraq’s Ministry of Oil.
Flagging a triumph over eight other contestants hunting for this contract, Kogas will be able to commence their preceding from the month of September, 2014. It is the second overseas project that has been won by Kogas. The new project is followed by the project in Mozambique, which was basically a 65 KM pipeline building job. Kogas is an experienced and well recognized organization which acted as a consultant to the LNG terminal business in China, Mexico, UAE and few other countries.
Source [Pipelines International]