OMK said it would supply 110,000 metric tons of 1,420 mm pipes for Gazprom's North European Pipeline (NEP) before February 2006. It has already supplied 20,000 tons of such pipes.
The 2-mln euro project, run by Gazprom in cooperation with Germany's BASF AG and E.ON AG, is to be launched later Friday with a ceremony at the juncture between the northwestern regions of Leningrad and Vologda, the starting point of the pipeline's Russian section. Gazprom CEO Alexei Miller, Russian Prime Minister Mikhail Fradkov and Industry & Energy Minister Viktor Khristenko, as well as German Economics Minister Michael Glos are expected to attend.
OMK is one of Russia's major suppliers of steel products to energy, transport and industrial companies. Its customers include Russian and transnational giants such as Gazprom, LUKoil, Rosneft, Yukos, TNK-BP-ÂÐ, ExxonMobil, Royal Dutch/Shell, General Electric and Samsung.
