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TMK and Lukoil Sign Agreement on Pipe Supplies for 2012
Under the agreement, TMK guarantees to supply 100% of pipe products required by Lukoil for use in all stages of oil production and refining. The supply volumes are planned to be not fewer than 260,000 tonnes per year.
TMK is a leading global manufacturer and supplier of steel pipes for the oil and gas industry, operating 24 production sites in the United States, Russia, Romania and Kazakhstan. Among global leaders, TMK has the largest steel pipe production capacity. The largest share of TMK’s shipments belongs to high margin oil country tubular goods (OCTG). In 2010, TMK’s pipe sales totaled approximately four million tonnes, shipped to customers in more than 65 countries.
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