How long is a piece of string?
Assuming the repair is sufficient for pressure, actual erosion rates depend on the abrasiveness of the slurry material, amount of abrasive material, flowrate and impingement velocities against the wall. I might expect better performance, if the repair was only on the top of the pipeline too. If those possible effects are limited, long term repair could be possible, if not , well then, of course.. no.
It would also help if you could be more specific. The term "some" is quite subjective, which I would usually consider would present little cause to worry about without specific knowledge of application. If you said 700 kg/m3 at 10 m/s, I'd worry a whole lot more.
In any case, repair of a steel pipeline with fiberglass material I would not generally assume would be adequate for anything more than a quick fix, very temporary repair, to be "put right" at the first available opportunity, and I do mean "first", not waiting for next scheduled maintenance period, but more like the very next time that a semi-emergency shutdown could be fit into the schedule. The urgency of correcting the repair might be decided based on the monetary amount of damage or loss of sales that might result if such a repair failed again.
"I am sure it can be done. I've seen it on the internet." BigInch's favorite client.
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GREEN isn't easy." Kermit