Pipe Metallurgical Company one of the world's largest manufacturers of tubular products for oil and gas industry and Lukoil, one of the largest vertically integrated oil companies, signed an agreement on deliveries of pipe products in 2012.

In accordance with the Treaty TMC is committed to provide 100% of the oil company needs to pipe products used by Lukoil at all stages of production and refining. The planned volume of supply is not less than 260 thousand tons of pipes per year.

LUKOIL is one of the most significant consumers of TMK. It is planned that in 2011 the volume of supply pipe trims oil companies makes more than 130 thousand tons.

Mr Alexander Shiryaev Director-General of TMK said "TMK and LUKOIL associated long-term partnership relationships. The positive experience of cooperation in our previous qualitative and quantitative indicators made it possible to transition to its new phase when the scope of our cooperation is comprehensive. The largest supplier of pipes for oil and gas industry TMC will provide full support of Lukoil, one of the leaders of the oil industry, with all the necessary pipes."