TMK wins Gazprom tenders to supply premium tubular products totalling RUB 1.5 bn by year-end 2015
TMK, one of the world's leading producers of pipes for the oil and gas industry, took part in Gazprom tenders for premium tubular products. Following two public requests for proposals, TMK was announced the winning bidder in 8 out of 13 lots.
In 3Q and 4Q 2015 TMK will supply to Gazprom more than 13 thousand tonnes of seamless steel threaded connection pipes worth of RUB 1.5 bn. Part of TMK's products of approximately 6 thousand tonnes will be supplied to Gazprom Dobycha Noyabrsk and utilised in developing the Chayanda gas field in Yakutia destined to become a source of gas for the Power of Siberia pipeline currently under construction.
TMK has also been awarded a contract for the supply of steel seamless oil pipeline tubes worth of more than RUB 130 m. By February 2016, 718 tonnes of these products will be supplied to Gazprom Dobycha Shelf Yuzhno-Sakhalinsk.