Kazakhstan Metals and Mining, Russia Oil and Gas

TMK creates new unit in Russian division

Pipe metallurgical company (TMK Pipes), one of the largest producers of pipe products for the oil and gas industry, has created a division in the Russian unit TMK-Central Asia, the press centre of the company reports.
The new unit includes two companies: TMK-Kazakhstan (Astana, formerly a part of the production and commercial unit of the company) and TMK-Kaztrubprom (Uralsk, derived from the unit TMK Oilfield Services).

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Zubkov encourages plants in Kazakhstan and the Russian Federation to join the import substitution.

An important aspect of import substitution is the industrial cooperation between the enterprises of machine-building complex of the Russian Federation and the Republic of Kazakhstan.
Industrial cooperation between the machine-building enterprises of Kazakhstan and Russia in the framework of the EAEC is an important aspect in the program of import substitution, the chairman of the board of directors of the company "Gazprom" Viktor Zubkov informs.

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Kazakhstan :In January-November 73.7 million tons of oil were produced - a 1.3% decrease.

Volume index of the industrial production amounted to 100.1%. In January-November 2014 compared to the same period in 2013 the production of natural gas and non-ferrous metals increased, The Federal Office of Statistics reports.
73.7 million tons of oil including gas condensate were produced, this amounts to 98.7% of the corresponding period last year. Also the decrease in the production of gas oils – diesel fuel – was registered – 4.6 million tons (99.1% to the data of 2013).

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