11/08/20 18:49 MOEX (RUR): 58.36 change in % -0.32 LSE (USD): 3.02 change in % 0.02

TMK wins a major Gazprom tender to supply LDP


TMK, one of the world's leading producers of tubular products for the oil and gas industry, took part in Gazprom's tender for large diameter pipes (LDP).

Following the public request for proposals, TMK was announced the winning bidder in two lots. By the end of 2015, the Company will ship to Gazprom Invest 37,535 tonnes of 1,420 mm K60-grade LDP with 21.6 mm walls, operating at pressures of 9.8 MPa. By the end of November, TMK will also supply 7,292.6 tonnes of 720 mm K55-grade LDP with 10 mm walls, operating at pressures of 7.4 MPa, to Gazprom Tsentrremont.

The two shipments total RUB 4,105 m.

“TMK is one of the biggest LDP producers in Russia. LDP shippings for major pipeline projects such as South corridor, Bovanenkovo-Uhta and Power of Siberia, doubled in 1H of 2015 and supported TMK’s financial results. We are ready to continue supplying needed volumes of our goods, contributing to Gazprom’s gas transport system development”, said Alexander Shiryaev, TMK CEO.

TMK wins a major Gazprom tender to supply LDP


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