The work presented in this paper shows that Fiber Bragg Grating (FBG) optical fiber sensors can potentially be used as receivers in a long-range guided wave torsional-mode pipe inspection system. Benefits over the conventional pulse-echo method arise due to reduced total travel distance of the ultrasonic guided wave reflections, since reflections from defects and structural features do not need to propagate a full round trip back to the transmitting collar. This is especially important in pipe configurations with high attenuation, such as coated and buried pipelines. The use of FBGs as receivers instead of conventional piezoelectric or magnetostrictive elements also significantly reduces cabling, since multiple FBG receivers can be placed along a single optical fiber which has a diameter on the order of only around 100 μm. The basic approach and sample results are presented in the paper. Additionally, a brief overview of some topics in ultrasonic guided waves is presented as a background to understand the inspection problem presented here.