TMK inks long-term contract for premium pipe supply to Yamal LNG

Tuesday, 13 May 2014 15:53:47 (GMT+3)   |  
       

Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced that it has signed a long-term contract with Yamal LNG for the supply of premium pipes.

The contract between TMK and Yamal LNG is effective from 2014 through 2020, with Yamal LNG's overall demand for premium tubular products during this period estimated at 48,000 mt. The first pipe shipments under the contract were made in April this year. In total, TMK is planning to ship 12,000 mt of cold-resistant casing and tubing pipe with ТМК UP PF, ТМК UP FMT and ТМК UP FMC premium connections as well as some accessories to Yamal LNG this year.

The cooperation between the two companies started back in 2012, when TMK won Yamal LNG's tender for the supply of pipe with premium connections. In 2012, approximately 3,000 mt of tubular products were shipped to Yamal LNG, while in 2013 TMK supplied Yamal LNG with around 7,000 mt of pipe with ТМК UP PF, ТМК UP FMT, ТМК UP FMC and ТМК UP CWB premium connections.

Yamal LNG holds the license for exploration and production at the South-Tambeyskoye gas field in the northeast of Yamal Peninsula in Russia.


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