TMK ships LDP for Bovanenkovo-Ukhta pipeline

Next Post
Previous Post

 tmk_logoTMK, one of the world’s leading suppliers of tubular products for the oil and gas industry, has shipped large diameter pipes (LDP) made by its Volzhsky Pipe Plant for the Gazprom-led Bovanenkovo-Ukhta pipeline construction.

TMK, one of the world’s leading suppliers of tubular products for the oil and gas industry, has shipped large diameter pipes (LDP) made by its Volzhsky Pipe Plant for the Gazprom-led Bovanenkovo-Ukhta pipeline construction.

Under the project, in March to April 2014, TMK shipped approximately 30,000 tonnes of 1,420 mm longitudinal welded pipes with three-layer external PE coating and anti-friction inner coating.

Going forward, TMK plans to ship a total of 45,000 tonnes of LD pipe to meet Gazprom’s order for the Bovanenkovo-Ukhta gas transit system.

TMK ( www.tmk-group.com )

TMK (LSE: TMKS) is a leading global manufacturer and supplier of steel pipes for the oil and gas industry, operating 28 production sites in the United States, Russia, Canada, Romania, Oman, UAE, and Kazakhstan and two R&D centers in Russia and the USA. In 2013, TMK’s pipe shipments totaled 4.3 million tonnes. The largest share of TMK’s sales belongs to high margin oil country tubular goods (OCTG), shipped to customers in over 80 countries. TMK delivers its products along with an extensive package of services in heat treating, protective coating, premium connections threading, warehousing and pipe repairing.

TMK’s securities are listed on the London Stock Exchange, the OTCQX International Premier trading platform in the U.S. and on the Moscow Exchange MICEX-RTS.