Izhora Pipe Mill Produces Record 500,000 Tonnes of LD Pipes
01/25/2012 - OAO Severstal announced that its pipe production unit, the Izhora Pipe Mill, produced more than 500,000 tonnes of large-diameter (LD) pipes in 2011, representing a 10% increase on 2010 production levels, primarily for use in major oil and gas projects in Russia.
OAO Severstal announced that its pipe production unit, the Izhora Pipe Mill (IPM), produced more than 500,000 tonnes of large-diameter (LD) pipes in 2011, representing a 10% increase on 2010 production levels, primarily for use in major oil and gas projects in Russia. IPM specializes in the manufacture of LD pipes from strips produced by the Cherepovets Steel Mill, part of the Severstal Russian Steel Division.
Nikolai Skorokhvatov, CEO of IPM, said: “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 at IPM was in part due to the company supplying major projects by Gazprom and Transneft, two of its key customers. IPM supplied the products for Transneft’s East Siberia-Pacific Ocean pipeline system in 2011.
Approximately 80% of total orders placed with IPM are deliveries to Gazprom. Its products were delivered to Gazprom in 2011 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—accounting for about 250,000 tonnes of LD pipes. More than 600,000 tonnes of pipes have been delivered by IPM for the Bovanenkovo-Ukhta Project since 2007.
