Izhora Pipe Mill (IPM, part of PAO Severstal) has won several tenders to supply PAO Gazprom with over 200 thousand tons of large diameter pipes. The products will be used in the development of gas transmission capacities for the Unified Gas Supply System in the North-West Region (NEGP), as well as the construction of the Kovykta-Chayanda section of the Power of Siberia gas pipeline.
The Company will produce and supply pipes with diameters of 720 to 1420 mm with varying wall thickness using K60 strength steel. The rolled metal products for the pipes will be produced at Severstalís Mill 5000 (located in the Kolpinsky district of St. Petersburg, on the same industrial site as IPM).
IPM will ship the products to the customer in 2019, in accordance with the agreed delivery schedule.
Alexander Shevelev, CEO of Severstal, commented: ďIzhora Pipe Mill has significant experience of manufacturing products for Gazprom, which is a key client, including for projects in very challenging climatic conditions. This new supply agreement will enable us to significantly ramp up production and further strengthen our cooperation with Gazprom, as we maintain our commitment to meeting the individual needs of our customers.Ē