Japanese companies to supply steel pipe
Japanese
trading company Mitsui & Co and
Japan's steel company Sumitomo Corp have received a $265 million order of steel pipes for an undersea gas pipeline project between
Norway and
UK. The pipeline will be installed by Norwegian state owned company Statoil ASA.
Mitsui and Sumitomo will supply 400'000 tons of
pipe to be delivered by September 2005.
The undersea pipeline will connect the Ormen Lange field of the shores of
Norway and Easington on the east coast of
UK. The pipeline which is scheduled to complete in 2006, will be around 1'400 km. The two Japanese companies will provide pipes for 600 km and the rest will be supplied by German Europipe GmbH., subsidiary of
Germany's second largest steel producer Salzgitter AG.