Greek pipe maker Corinth Pipeworks has been awarded a contract by Saipem for the development of an offshore and onshore natural gas pipeline by Gastrade. The Floating Storage and Regasification Unit will be connected to the National Natural Gas Transmission System of Greece, through a 28 kilometer long pipeline, through which the gasified LNG will be transmitted to Northeastern Europe, with the prospect of also supplying Ukraine. The pipeline’s construction and operation will strengthen the strategic role of Greece, as an energy hub for the wider region of Northeastern Europe and will offer alternative sources and routes of natural gas supply, strengthening security of supply and energy autonomy, in a challenging period. The offer consists of 28 kilometer of 30 inch SAWL steel pipes, which also includes anti-corrosion coating and concrete weight coating. The entire quantity of pipes will be manufactured and externally coated at the Company’s plant in Thisvi in Viotia in Greece. Deliveries are scheduled to begin in 2023. Saipem is a global player in the energy industry and infrastructure. The Company is an advanced technological and engineering platform for the design, construction and operation of complex, safe and sustainable infrastructures and plants, offering tailor-made solutions and enabling energy transition.Gastrade materializes modern natural gas infrastructure and is the first company to receive an Independent Natural Gas System License in Greece. The Company’s scope is the development, operation and management of modern natural gas systems in a safe, reliable manner, respecting the environment and human rights. Its goal is to offer energy security in Greece and Southeastern Europe.Cenergy Holdings Corinth Pipeworks is a leading steel pipe manufacturer for the global energy and construction sector.