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Severstal to Supply Large-Diameter Pipes for ESPO-II

02/05/2010 - Severstal will supply large-diameter pipes for the second phase of the East Siberia-Pacific Ocean (ESPO) oil pipeline. When completed, the pipeline will carry oil to Russia’s Far East and Asia-Pacific markets.

Severstal will supply large-diameter pipes for the second phase of the East Siberia-Pacific Ocean (ESPO) oil pipeline. When completed, the pipeline will carry oil to Russia’s Far East and Asia-Pacific markets.
 
The first deliveries from the ESPO pipeline (first phase) are due to commence in March 2010, according to Dmitry Goroshkov, Director of Sales at CherMK.
 
“In 2010, Severstal will continue to develop its partnership with OJSC ‘AK Transneft,’” said Gorshkov. “In addition to already supplying large-diameter pipes for Transneft’s construction of the BTS-2 oil pipeline, Severstal will also supply large-diameter pipes for the construction of the second phase of the ESPO pipeline project.  As a result, over 130,000 tonnes of large-diameter pipes are to be supplied by Severstal for the construction of the ESPO (second phase) oil pipeline system in 2010-2011.”
 
Severstal has also signed an additional contract with OJSC “AK Transneft” to supply more than 35,000 tonnes of large-diameter pipes for the construction of the Pur-Pe-Samotlor pipeline system, which has been constructed by Transneft to link the Western and Eastern segments of Russia’s pipeline system.