South Korean firm to build pipelines in western Anbar province
South Koreas STX Heavy Industries has signed a $449m contract to build a series of gas pipelines in the western Anbar province of Iraq.
Approved by the Iraqi cabinet in November, the deal was signed by STX and Kogas Akkas, the joint venture that operates the Akkas gas field on 3 January.
The three pipelines will carry condensates, liquid petroleum gas (LPG) and dry gas from the fields central processing facility (CPF), which is under construction by Daewoo Engineering & Construction, another South Korean firm.
Construction is scheduled for completion in June 2017.
The Akkas field is being developed by Korea Gas Corporation (Kogas) and state-owned North Oil Company under a production services contract awarded in October 2011.
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