Shell, Metals and mining

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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New Enhancements to Rusmininfo,full story selector available in Russian

Rusmininfo is pleased to announce some further enhancements to the news service.This week we have launched a full story selection system in Russian so now every user can select the news they want to receive according to their exact parameters in both Russian and English for full e-mail alerts.
To set up your new selections please log in and click on 'My News Alerts' then use the drop down menu and click on the companies,countries and sectors you want to receive news on.
If you have mislaid your log in details please e-mail [email protected]
Best Regards
Rhod Mackenzie
Managing Director

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Interpipe to intend to produce pipes for Ukrainian projects of Shell

.The pipe and wheel company Interpipe plans to master the production of pipes with ultra-premium screw joint of the CAL IV level, which are to be used during the production of oil and gas in very difficult conditions, to supply them to Shell within the implementation of its projects in the Ukraine. According to the Ukrainian Ministry of Industrial Policy’s press-release, this information was in the Interpipe’s reply on the Ministry’s inquiry in connection with some reports in mass media that Shell refuses to use Ukrainian pipes in the near future because of their supposedly inferior quality.
 

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Japan asks the Russian Government to support its companies eager to participate in Elga and Sakhalin-3

The Minister of External Affairs of Japan Seiji Maehara has appealed to the Russian Government with a request to support the Japanese companies eager to participate in the Elga and Sakhalin-3 projects. He reported that at the ninth session of the Russian and Japanese intergovernmental commission for trade and economical affairs where he acts as co-chairman. In April 2010 the Japanese Government reported about its interest in Sakhalin-3, the Elga coal deposit and in the construction of port infrastructure, coal and corn terminals in the Russian East. Read more »

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