Iraq Business News: KOGAS wins $127m Iraqi Pipeline Project

Iraq Business News All the latest business news from Iraq

KOGAS wins $127m Iraqi Pipeline Project Oct 9th 2012, 01:30 By John Lee. Korea's state-run Korea Gas Corporation (KOGAS) has won a $127m contract to build a 110-kilometer pipeline linking the Iraqi cities of Kirkuk and Baiji. The company said it will sign the contract with Iraq's state-run Oil Pipelines Company (OPC) this month. KOGAS was selected as the preferred builder in a process that had eight contenders; under the contract, the pipeline will be built by September 2014. "We believe the latest contract will give KOGAS the upper hand in winning other large-scale projects in Iraq," an official reportedly said. (Sources: Korea Times, Aswat al-Iraq)

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