SEOUL, KOREA - STX Heavy Industries announced on January 6 that it won an order to build 550-km long pipelines at the Akkas Gas Field in Iraq.The order, worth $449 million, was commissioned by Kogas Akkas B.V., a project unit of Korea Gas Corp. which is engaged in the gas field business there.
STX Heavy Industries will carry out this project on a turnkey basis ranging from engineering to procurement of materials and construction. The project is slated to be completed by June 2017.
The Akkas Gas Field is located in the western desert of Anbar in Iraq’s border with Syria. The gas reserve there is estimated at 590 million barrels.Prior to this order, STX Heavy Industries won a 43-billion-won desulfurization plant order from Iraq’s Khabat region.