SeAH Steel Supplies Stainless Steel Welded Pipes to Qatar LNG Gas Field

Approximately 172 Billion KRW Scale Until the Second Half of 2023

Large-diameter stainless steel welded pipes produced at SeAH Steel's Suncheon plant

[Asia Economy Reporter Oh Hyung-gil] SeAH Steel announced on the 25th that it has signed the world's largest supply contract for stainless steel welded pipes with Samsung C&T.

The contract involves supplying products worth approximately 172 billion KRW by the second half of 2023 for the "Qatar LNG Northern Gas Field Project" conducted by Samsung C&T.

The Qatar LNG Northern Gas Field Project is a large-scale project worth 1.8 trillion KRW, including three LNG storage tanks with a capacity of 187,000㎥ each, three port berthing facilities, and transportation pipelines within the LNG gas field.

The stainless steel welded pipes supplied by SeAH Steel are high value-added products that, unlike ordinary carbon steel, have excellent low-temperature impact toughness and high-pressure durability, preventing breakage even under cryogenic conditions.

SeAH Steel plans to actively target the stainless steel welded pipe market to meet the rapidly increasing demand for LNG projects during the global energy transition. Following the supply of stainless steel thick-walled pipes for the Canada LNG project in 2020 and the Mozambique LNG project in 2021, this is the third large-scale LNG project order.

A SeAH Steel official stated, "Through consecutive large-scale orders, our manufacturing technology has been recognized as a major supplier of stainless steel welded pipes," adding, "Once the new investment in a 24-inch roll forming pipe mill being expanded at the Suncheon plant is completed within this year, we will further strengthen our delivery competitiveness in the rapidly growing LNG project market."

This content was produced with the assistance of AI translation services.