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Russia’s Severstal starts supplying pipes for South Stream project

May 27, 2014, 21:12 UTC+3 MOSCOW
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MOSCOW, May 27. /ITAR-TASS/. Alexei Mordashov’s Severstal has supplied the first batch of pipes for marine sector of the South Stream gas pipeline, the company’s press service said on Tuesday. More than 40,000 tons of pipes is planned to be delivered for the goal.

According to earlier reports, in compliance with two tenders, held in January-March, Severstal will supply about 260,000 tons pipes for constructing the first and second lines of the South Stream gas pipelines.

Located in Kolpino (near St. Petersburg), the Severastal Russian Steel’s subdivision, Izhora Pipe Plant, is the producer of pipes for the project. The facility is engaged in the production of big-diameter pipes. Gazprom and Transneft are major consumers of the pipes. The plant’s annual production ccapacity is up to 600,000 tons of pipes.

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