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Cooperation Agreement with Tu

28th May 2008 13:51

RNS Number : 4150V
OAO TMK
28 May 2008
 



May 28, 2008 PRESS RELEASE

TMK and Turkmenneft State Concern Sign Cooperation Agreement

 

Within the framework of the development of long-term cooperation, TMK announces that it has signed a cooperation agreement with Turkmenneft State Concern. The Chairman of the Board of Directors of OAO “TMK”, Dmitriy Pumpyanskiy, and the Chairman of Turkmenneft State Concern, Gariyakdy Tashliev, signed the cooperation agreement in Ashgabat, Turkmenistan.

 

The agreement covers the period until the end of 2010. Under the terms of the agreement, Turkmenneft State Concern (Turkmenneft) will provide information on its requirements for oil and gas pipes and their characteristics and TMK plants

will supply Turkmenneft with high-technology tubular products to meet its production needs.

The agreement also involves the establishment of a TMK service centre in Turkmenistan for the maintenance and repair of high-technology tubular products.

Cooperation between Russia’s largest oil and gas pipe producer and Turkmenistan’s state-owned energy companies has been rapidly increasing since the opening of a TMK-Trade House office at the end of last year.

ОАО "ТМК" (www.tmk-group.com)

Founded in 2001, TMK (LSE: TMKS) is the largest pipe producer in Russia and one of the three global market leaders. 

In 2007TMK shipped over 3 million tonnes of pipes. TMK supplies to companies in more than 60 countries.

TMK production facilities are located in Russia and Romania:

Volzhsky Pipe Plant;

Seversky Tube Works;

Taganrog Metallurgical Works;

Sinarsky Pipe Plant;

SC TMK-Resita SA;

SC TMK-ARTROM SA;

TMK Oilfield Services:

• Orsky Machine Building Plant;

• Truboplast pipe coating company;

• TMK Central Pipe Yard;

• TMK Pipe Maintenance Department.

For further information please contact:

TMK PR Department: TMK IR Department

Alexey Sotskov Alexei Ratnikov

Tel: +7 495 775 7600 ext. 2125 Tel: +7 495 775 7600 ext. 2078

Email: [email protected] Email: [email protected]

www.tmk-group.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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