TMK, one of the world’s leading producers of tubular products for the oil and gas industry, has shipped large diameter longitudinal pipe (LDP) to Turkmenenergo State Power Corporation of Turkmenistan’s Ministry of Energy to support the construction of a gas supply pipeline to the Mary-3 gas turbine power plant.
The shipment totalled more than 17 thousand tonnes of 720 mm pipe with external corrosion-resistant coating. The pipes were produced at TMK’s Volzhsky Pipe Plant for the construction of a gas supply pipeline to feed the new gas turbine power plant outside Mary in the Karakum Desert. The gas pipeline project is pursued as part of the state programme to upgrade Turkmenistan’s energy system.
TMK has previously shipped LDP for the construction of water pipelines in Turkmenistan under the state programme to ensure drinking water supply to residential areas, as well as for oil and gas projects developed by Turkmengas State Concern.
“The CIS market is among the key markets for TMK’s products. We seek to grow our share in this market and are willing to offer our customers in this most important oil and gas producing region modern solutions in supplying high-quality tubular products and related services,” said Vladimir Oborsky, Executive Director and Senior Vice President at TMK.
TMK (LSE: TMKS) is a leading global manufacturer and supplier of steel pipe for oil and gas industry, operating more than 30 production sites in the United States, Russia, Canada, Romania, Oman and Kazakhstan and two R&D centers in Russia and the USA. In 2015, TMK’s pipe shipments totaled 3.9 million metric tons. 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.