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POS-GSFC joins oil storage tank construction project in Abu Dhabi
Sep. 22, 2011
- By Cho Myeong-kyeong

POS-GSFC, the local subsidiary of POSCO P&S, recently joined the oil storage tank construction project underway in Abu Dhabi.

The IRP-2 (Inter Refinery Pipelines-Phase2 PKG2) Project, which was ordered by Abu Dhabi National Oil Company subsidiary Takreer and includes EPC contractor GS Construction, is part of the construction project of a 910 kilometer oil pipeline. POS-GSFC will manufacture and supply steel plates for storage tanks to be installed in key locations for pipeline sections from Ruwais to various locations in the UAE. The project, which is an extension of the IRP-1 project completed in 2007, is scheduled for completion by 2014.

Located 250 km south of Abu Dhabi, Ruwais is the home of many new oil refinery, oil and processing facilities.

POS-GSFC will manufacture and supply some 8,000 tons of steel plates to be used for 26 oil storage tanks constructed in Ruwais, Musapa, Habsan and Al-ain, with the products to be delivered via POSCO P&S. Starting in September, POS-GSFC is planning to complete delivery by the first half of next year, with storage tanks to be manufactured by joint partner LIMA Heavy Industries.

Having launched operations in December 2010 with an annual production capacity of 100,000 tons, POS-GSFC has a specialty in manufacturing storage tanks and is equipped with specialty manufacturing facilities such as Shot Blast, Painting Line and other surface processing equipment, CNC cutter and vending machines. POS-GSFC is participating in several large-scale projects in the Middle East, including the umgapa desalination storage tank project and the RRE project in the UAE.

Recent efforts of POS-GSFC have been focused in expanding business in Saudi Arabia, Oman, Iraq and other Middle Eastern and African countries. By partnering with other POSCO affiliates to promote synergic effects, POS-GSFC has established a UAE foothold in Dubai with the POSCO Dubai Office and POSCO E&C to pioneer new markets.

smartguy@poscopns.com


- POS-GSFC recently joined the oil storage tank construction project underway in Abu Dhabi of UAE. POS-GSFC will manufacture and supply steel plates for storage tanks to be installed in key locations for pipeline sections from Ruwais to various locations in UAE.

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