TPi July 2015

business & market news

Fine Tubes gains approval as KNPC vendor

control and instrumentation tubing; pressure housings; and hydraulic tubing for control measuring devices and pumps. Nicholas Head, Fine Tubes business development manager – oil and gas and chemical process, commented, “Securing this approval will not only open up important new opportunities with KNPC, it will also help to strengthen our position across the Middle East region, which is obviously a hugely important market for our oil and gas business.”

faction and the distribution of petroleum products within the local market.

Fine Tubes, a manufacturer of precision tubing for critical applications across a range of global markets, has been approved as a vendor by the Kuwait National Petroleum Company (KNPC) for the supply of ferrous and non-ferrous tubing for its refineries.

Kuwait, a member of OPEC, currently pumps around three million barrels per day (bpd), mainly from maturing oilfields, but plans to invest billions of dollars in exploration over the next five years in order to increase its output capacity to four million bpd by 2020. The tubing applications that Fine Tubes will be able to offer to KNPC and its qualified suppliers include downhole, hydraulic and chemical injection control lines; control lines in subsea umbilicals; flowline control line tubing for pipe-in- pipe bundles; downhole gauge cables; plans to deliver 152kt of pipe. The Power of Siberia is a key pipeline transport project to deliver natural gas from East Siberian Irkutsk and Yakutia gas production centres to Russia’s Far East and China. The trunkline will be around 4,000km long, with 38 bcm of gas annual design throughput. Construction started in September 2014, with the first section over 2,200km long to link the Chayandinskoye field with Blagoveshchensk by late 2018. More than 1.7MT of pipe will be required for construction in 2014-2018. “Being engaged in the Power of Siberia project is a major opportunity and a great responsibility for TMK,”

The approval remains valid until March 2020.

Established in 1960, KNPC is the national oil refining company of Kuwait and became fully government-owned in 1975. As owner of the Mina Al-Ahmadi, Mina Abdullah and Shuaiba refineries, KNPC is responsible for oil refining, gas lique-

Fine Tubes Ltd – UK sales@finetubes.com www.finetubes.com Tubular products for the Power of Siberia

said TMK CEO Alexander Shiryaev. “The new trunkline will be routed in adverse climate and geological conditions across highly seismic and active fault zones, requiring reliable and highly effective pipe solutions, ready to be provided by our company. “TMK intends to bid for other contracts by Gazprom to supply pipe for the trunk pipeline. We also plan to supply a complete range of seamless casing and tubing pipe for the Chayandinskoye and Kovyktinskoye fields, which are to feed gas to the Power of Siberia.”

TMK, a producer of tubular products for the oil and gas industry, has started large diameter pipe (LDP) supplies for the Power of Siberia gas transmission system by Gazprom. Gazprom named TMK as one of the tubular product suppliers for the project following a tender held in March, where the company won a major lot to supply around 12.6bn roubles worth of LDP in 2015-2016. Shipments by Volzhsky Pipe Plant include 1,420mm K60-grade steel pipes with wall thickness of 21.7mm, external anti-corrosion coating and internal flow coating, operating at over 9.8MPa. Throughout 2015 and in January-February 2016, the company

TMK – Russia tmk@tmk-group.com www.tmk-group.com

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Tube Products International July 2015

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