Monday, 07 Dec 2009
TEX reported that chances are Japan's integrated steelmakers will win contracts in early December 2009 to export a total of 300,000 tonnes of UO pipes to Papua New Guinea for construction of a local natural gas pipeline concurrent with the LNG project there under ExxonMobil Corporation and partners. The project assumes operations of a natural gas plant with an annual capacity of 6,300,000 tonnes, starting in 2013, for export shipments to Japan and elsewhere.
The planned pipeline is intended to connect gas fields in PNG's Southern Highlands and Western states with Port Moresby, covering an overall distance of 700 kilometers. Construction of the pipeline requires 300,000 tonnes of UO pipes in total, for which the project partners held an international tender late last year. Three Japanese integrated steelmakers made separate offers to the tender. Under the existing circumstances, there is a strong possibility that the Japanese steelmakers will get the whole orders for the UO pipes required, in which Sumitomo Metal Industries Limited is expected to account for 170,000 tonnes, Nippon Steel Corporation nearly 100,000 tonnes and JFE Steel Corporation 33,000 tonnes.
Indications are that Nippon Steel's UO pipes will be used in the onshore section of the gas pipeline, Sumitomo Metal's in the submarine section and JFE Steel's in the deepest of the submarine section. PNG's gas pipeline project represents the largest in Asia this year. Besides, new pipeline projects in Australia and Scandinavia are on track to final settlements between yearend 2009 and early 2010. As a result, UO pipe supply negotiations are perking up in the world's various nations.
As matters now stand, it is likely that the three Japanese steelmakers will succeed in working out rolling plans to meet their UO pipe production in the first half of next year if they can promote negotiations smoothly on their UO pipe exports to the world's destinations.
TEX reported that chances are Japan's integrated steelmakers will win contracts in early December 2009 to export a total of 300,000 tonnes of UO pipes to Papua New Guinea for construction of a local natural gas pipeline concurrent with the LNG project there under ExxonMobil Corporation and partners. The project assumes operations of a natural gas plant with an annual capacity of 6,300,000 tonnes, starting in 2013, for export shipments to Japan and elsewhere.
The planned pipeline is intended to connect gas fields in PNG's Southern Highlands and Western states with Port Moresby, covering an overall distance of 700 kilometers. Construction of the pipeline requires 300,000 tonnes of UO pipes in total, for which the project partners held an international tender late last year. Three Japanese integrated steelmakers made separate offers to the tender. Under the existing circumstances, there is a strong possibility that the Japanese steelmakers will get the whole orders for the UO pipes required, in which Sumitomo Metal Industries Limited is expected to account for 170,000 tonnes, Nippon Steel Corporation nearly 100,000 tonnes and JFE Steel Corporation 33,000 tonnes.
Indications are that Nippon Steel's UO pipes will be used in the onshore section of the gas pipeline, Sumitomo Metal's in the submarine section and JFE Steel's in the deepest of the submarine section. PNG's gas pipeline project represents the largest in Asia this year. Besides, new pipeline projects in Australia and Scandinavia are on track to final settlements between yearend 2009 and early 2010. As a result, UO pipe supply negotiations are perking up in the world's various nations.
As matters now stand, it is likely that the three Japanese steelmakers will succeed in working out rolling plans to meet their UO pipe production in the first half of next year if they can promote negotiations smoothly on their UO pipe exports to the world's destinations.
(Sourced from TEX Report Limited)
Source: http://steelguru.com/news/index/2009/12/07/MTIzNzk4/Japan_to_supply_UO_pipe_to_PNG_gas_pipeline_project.html
Comments
Post a Comment