United Metallurgical Company (OMK), Oil and Gas

Gazprom buys pipes for 14 bln rubles

Gazprom Equipment has purchased 144 thousand tons of large diameter pipes for repairs to the amount of 14 billion rubles.

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OMK and ChTPZ to supply over 230 thousand tons of pipes for Nord Stream-2 before end of the year

Before the end of the year, OMK will supply 150 thousand tons of pipes for the Nord Stream - 2 gas pipeline, ChTPZ - more than 80 thousand tons of pipes, chairman of the Coordination Council of the

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Gazprom: Russian manufactures to supply 60% of pipe products for Nord Stream-2

A.Miller has held a number of meetings with heads of pipe companies - the construction of large projects is near at hand, and it seems that the head of Gazprom has decided to pre-test the waters &n

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OMK has started pipe shipment for Nord Stream-2

OMK shipped the first lot of steel pipes for the Nord Stream-2 gas pipeline from the plant in Vyksa on Thursday, the company –operator of Nord Stream-2 AG reports.

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Supply of pipes for Nord Stream-2 to start in December

The supply of pipes for the Nord Stream-2 gas pipeline will begin in December 2016 - January 2017, the Reuters reports, citing head of the company Pipe Innovative Technologies Ivan Shabalov.

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Gazprom and the FAS can’t agree on purchase of LDP

The dispute of Gazprom and the FAS for terms of the monopoly’s auction for the purchase of large-diameter pipes (LDP) for 12 billion rubles has moved into the judicial plane.

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TGK, TMK and OMK to ship LDP worth 7.7 bln roubles to Transneft

“Pipe cargo company” (TGK), TMK an Vyksa metallurgical plant (in the structure of OMK) have won tenders of Transneft for the shipment of large diameter pipes for the total amount of 7.7

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Gazprom to start buying 100% of pipes in Russia in the near future, A.Miller

Gazprom will buy pipe products only in Russia in the near future. Press-service of Chelyabinsk Pipe plant reports citing the chairman of the Board of Management of “Gazprom” A.Miller.
“At present, Gazprom buys 99.96% of its pipe products in Russia. To date, we implement new programmes and new form of cooperation together with pipe companies. In particular, there were signed long-term agreements for the purchase of future things. They are the products, which even did not have pilot samples.

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Nord Stream 2 to be filled with European steel.

Russian pipe manufacturers will share the margin with foreigners.
Russian pipe manufacturers, who won 60% of the lots for the supply of pipes for the Nord Stream 2, will have to share the profits with European steelmakers. OMK of Anatoliy Sedykh has already signed a major contract for the purchase of steel for the project from the Austrian Voestalpine (up to 40% of the volume), ChTPZ of Andrey Komarov also prepares to buy imported steel. Sources "The Kommersant" calls it part of a tacit agreement, but the pipe manufacturers claim that they only diversify supply risks.

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OMK develops production of pipes for oil and gas industry in Nizhny Novgorod region

United Metallurgical Company (OMK) has planned to invest 12 billion rubles in the development of pipe production at the Vyksa metallurgical plant (VMZ) in the Nizhny Novgorod region. This was reported by VMZ on March 17, 2016.
The funds are planned to be used to establish a center for the finishing of casing pipes for the oil and gas industry and the production of oil well tubing.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
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