Transneft in 2016 will reduce the purchase of large diameter pipes by 36% to 426 thousand tons

Transneft in 2016 will reduce the purchase of large diameter pipes by 36% to 426 thousand tons


MOSCOW, January 26. OJSC “AK “Transneft” in 2016 will reduce the purchase of large diameter pipes by 36% compared with the previous year to 426 thousand tons. The monetary amount of purchases will be reduced by 19.6% to 45 billion roubles, is spoken in the message pipeline monopoly.

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According to a press release, the volume of pipes of the big diameter (530-1420 mm), purchased in 2014 for the needs of Transneft totaled 610 thsd tonnes at the sum of 53 billion rubles, in 2015 – 669 thousand tonnes at 56 billion rubles. In 2016 it is planned the purchase of large diameter pipes with a volume of 426 kt for 45 billion rubles.

In the current year the company intends to complete the replacement 1482 km of pipelines in the linear part of (15% more compared to the previous year).

The press release also reported that “Transneft” was held today a meeting with heads of the Russian metallurgical companies, in which took part the representatives of JSC TMK, OMK, CHTPZ group, Severstal, CJSC “Izhora pipe mill”. The meeting discussed topical issues of cooperation in the supply of tubular products to the oil pipeline monopoly organizations.

As previously reported, the investment program of “Transneft” in 2016 will be reduced by 11% to 339,5 billion (in 2015 – to 383.3 billion rubles).

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In particular, funding for new facilities for 2016 reduced by 8% to 150,54 billion. The total cost of new facilities increased to 986,2 billion with 864,5 billion rubles in 2015.

The date of implementation of the project “Kuyumba-Taishet” postponed to 2023 from 2020, investment in 2016 will amount 23,83 billion rubles compared to 32.95 billion rubles in 2015. The end expansion of the pipeline “Eastern Siberia-Pacific ocean” at the site Taishet-Skovorodino to 80 million tons deferred from 2019 to 2020, investment in 2016 will amount to 15.4 bn vs. 17.4 bn in 2015.

A new project in the investment programme of Transneft is the pipeline to the Komsomolsk refinery, the cost of 46.9 billion, due for completion in 2018.