Rosneft, Russia Metals and Mining

Izhora pipe plant to supply pipes to Rosneft

The Izhora pipe plant (a part of Severstal) has won a tender to supply large-diameter pipes to Rosneft.

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TMK-KPW supplies pipes to Rosneft

TMK-CPW, which is a joint venture of Pipe metallurgical company (TMK) and the Greek company Corinth Pipeworks, has manufactured and shipped to Rosneft a batch of electric-welded longitudinal pipes

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"Rosneft" attracts 1.5 trillion roubles for foreign investment projects in the Far East.

"Rosneft" had attracted more than 1.5 trillion roubles foreign investments into its projects in the Far East of Russia, CEO Igor Sechin stated at the launching ceremony of the first stage

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Gazprom’s statements make troubles for NLMK

As the Kommersant has found, following Rosneft and Gazprom metallurgical companies have asked not to disclose publicly information. NLMK complained Dmitry Medvedev on the statements of Gazprom that the price of gas in Russia was underestimated and subsidized economy. This, says the owner of NLMK Vladimir Lisin, became an argument for the introduction of US countervailing duties. The Government examines the situation. Gazprom officially promises to continue publishing "objective pricing picture", but most of the statements that caused the Mr. Lisin’s dissatisfaction, disappeared from the monopoly’s website.
Chairman of the NLMK’s Board and owner of the companyVladimir Lisin applied to the Prime Minister Dmitry Medvedev in mid-May with a request to assist in the "exclusion of information about subsidizing the Russian industry, non-market or low gas price level from all public sources". As the letter noted, from 2015 "a new tool of trade combat" is applied against Russian exporters - countervailing investigation, by results of which duties are set on the basis of evidence of state subsidies, received by the exporter.

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In the first 5 months, freight turnover of Transneft’s terminals exceeded 56 mln tons

In January-May 2016, the freight turnover of Transneft’s marine terminals, which accounts for up to 19.7% (-0.1 percentage point) of the aggregate turnover of the Russian ports, amounted to 56.32 million tons (+ 5.5% compared to January-May 2015).
In particular, according to the Association of Sea Trading Ports of the Russian Federation, on the basis of which the TASS prepared the rating, in the reporting period, the freight turnover of Transneft - Port Kozmino increased by 3.4% to 13.14 million tons, Neva Pipeline Company - by 6.3% to 12.11 million tons.

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Evraz ZSMK ships rolled products to Zvezda

Evraz ZSMK has shipped about 3 thousand tons of rolled products to the Zvezda shipyard (Primorie region).
Until the end of 2016 Evraz ZSMK plans to ship another  thousand tons of fittings to the enterprise.
The Zvezda plant actively uses the products of Evraz for the needs of production. The most demanded product is the fitting of AIII class out of 25G2C steel mark. Hot rolled fittings of AIII class produced by Evraz ZSMK has well showed itself among consumers due to its guaranteed strength characteristics, plasticity and welding nature.
Zvezda specializes in the repair of submarines of the Pacific fleet, and re-equipment and modernization of subsurface launch platforms.
The technical opportunities of the plant allow to produce and put in the water floating vessels with the weight of up to 13.5 thousand tons.

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Alrosa on sales

Alrosa on sales
Nowadays Russia prepares to privatize the shareholdings in several companies including Alrosa AK. Despite the plan to offer a large shareholding of 10.9% in the company to the market, the stocks’ rates will be under the pressure in the near time. The investors should not await their considerable growth in this year, the market analysts and experts think.

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TMK to ship 129.3 thousand tons of pipes to Rosneft and its affiliates in Q2 2016

​TMK has won Rosneft’s tender for the supply of pipes.
In Q2 2016 TMK will ship 92 thousand tons of casing pipes to Rosneft and its affiliates, including with the use of the Green Well grease-free technology.
On the results of the tender TMK has been placed orders for the entire volume of premium pipes – over 14.5 thousand tons.
Rosneft will be shipped casing pipes with the TMK UP FMC, TMK UP PF and TMK UP CWB joints.
RN-Yuganskneftegas and NGK Itera are for the first time among the enterprises to be shipped premium products.
The volume of supply of pumping-compressor pipes to the affiliates of Rosneft in Q2 2016 will make up 37.3 thousand tons.
The total volume of supply of TMK pipes to Rosneft will amount to 129.3 thousand tons.

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In Q1, 2016, Russia increased oil production by 3%

In the first quarter of 2016, Russia increased the oil production by 3% as compared to the same period in 2015 to 135.424 million tons, the Central Dispatch Department of the Fuel and Energy Sector reported on April 2, 2016.
In addition to the production, in the first3 months, the oil export increased by 3.8% to 62.652 million tons. The oil export through the Transneft’s system to the non-CIS countries increased by 2.5% to 48.902 million tons.

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