31.08.2015, 14:57
TMK wins a major Gazprom tender to supply LDP
OREANDA-NEWS. 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 (LSE: TMKS) is a leading global manufacturer and supplier of steel pipes for oil and gas industry, operating more than 30 production sites in the United States, Russia, Canada, Romania, Oman, UAE, and Kazakhstan and two R&D centers in Russia and the USA. In 2014, TMK’s pipe shipments totalled 4.4 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.
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 (LSE: TMKS) is a leading global manufacturer and supplier of steel pipes for oil and gas industry, operating more than 30 production sites in the United States, Russia, Canada, Romania, Oman, UAE, and Kazakhstan and two R&D centers in Russia and the USA. In 2014, TMK’s pipe shipments totalled 4.4 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.
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