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10 Feb
16:01

Weak steel price, cheap energy drive pipeline projects

Oil & gas companies’ focus on reducing transportation cost to align with lower energy prices, coupled with steel price weakness, remain among the few positive drivers for pipeline projects, according to Welspun Corp. “The global scenario of delay and rationalised capital expenditure for pipeline projects has a few exceptions, including in the Middle East and North Africa region,” says the Indian pipemaker in a report seen by Kallanish. Proj…
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