Japanese companies to supply steel pipe

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.