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02 Oct
13:10

TMK eyes Saudi Arabian investment

Pipemaker TMK is looking to invest into Saudi Arabia’s oil and gas and ancillary sectors, instead of remaining just a supplier of pipe and pipe products. So said TMK chief executive Dmitry Pumpyansky at the Russian Energy Week in Moscow this week, monitored by Kallanish. TMK supplies 20% of all pipe products used in the global hydrocarbon industry and, as a producer who is integrated into the global energy sector, TMK must remain a secure supplier to …
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