Izhora Pipe Mill produces record 500 thousand tones of large-diameter pipes for oil and gas projects in 2011
23.01.2012
OAO Severstal (‘Severstal’ or the ‘Company’), one of the world’s leading
vertically integrated steel and steel related mining companies, announces that
its pipe production unit, the Izhora Pipe Mill (IPM), which specializes
in the manufacture of large diameter pipes from strips
produced by the Cherepovets Steel Mill, part of the Severstal Russian
Steel Division, produced over 500,000 tons of large-diameter pipes in 2011,
primarily for use in major oil and gas projects in Russia. This represented an
impressive 10% increase on 2010 production levels.
Nikolai Skorokhvatov, CEO of IPM, commented: “2011 saw the plant operating
at full capacity and, despite a declining market for large-diameter pipes at
the end of the year, the Izhora Pipe Mill continued to produce and ship tubular
products to our key clients.”
The production increase in at IPM was in part due to the Company supplying
major projects by Gazprom and Transneft, two of the Company’s key
customers.
IPM supplied the products for Transneft’s East Siberia-Pacific Ocean
pipeline system in 2011.
In 2011 IPM products were delivered to Gazprom for use in the construction
of the: Gryazovets-Vyborg trunk gas pipelines to ensure gas supplies to the
Severny Potok (Nord Stream) gas pipelines and consumers in Russia’s northwest;
the Ukhta-Torzhok and Bovanenkovo-Ukhta pipelines to transport gas from the
Yamal Peninsula fields; and the Sakhalin-Khabarovsk-Vladivostok pipelines to
transport gas from Sakhalin Island to the Primorye and the Far East.
Last year Bovanenkovo-Ukhta was the major project for IPM in terms of volume
of product shipments. Some 250,000 tons of large-diameter pipes, which
accounted for nearly half of the Company’s total shipments, were
delivered there in 2011. A total of more than 600,000 tonnes of pipes have been
delivered by IPM for the Bovanenkovo-Ukhta Project since 2007.
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ZАО Izhora Pipe Mill’s key customers are ОАО Gazprom, ОАО JSC
Transneft and other oil and gas companies.
As part of their relations with ОАО JSC Transneft, in 2010 Izhora Pipe
Mill produced products for the 2nd phase of project Baltic Pipeline
System, the 2nd phase of the East Siberia – Pacific Ocean pipeline
system, and the Purpe-Samotlor oil pipeline. For OAO Lukoil in 2010 the
enterprise produced pipes for the development of the Pyakyakhinsky Gas
Condensate Field in the Yamal-Nenets Autonomous District.
Approximately 80% of total orders placed with the Izhora Pipe Mill are
deliveries to ОАО Gazprom. IPM pipes are used in the construction of gas
pipelines; Gryazovets-Vyborg (to transport gas to gas pipeline
Nord Stream), Ukhta-Torzhok, Bovanenkovo-Ukhta (Yamal megaproject), and
Sakhalin-Khabarovsk-Vladivostok http://itz.severstal.com/
