The Ukrainian Metal

Russia: Gazprom cancels pipe purchase

Gazprom has cancelled a tender to buy $194 million worth of large diameter pipes.

The tender presupposed 7 lots to be supplied in Q4 2016 – Q1 2017. The pipes were intended for Gazprom Komplektatsia.

The tender was to be held on October 19.

In mid-August Gazprom held an auction on LDP purchase for the construction of Sila Sibiry pipeline valued at 11.8 billion rubles. The winners were VMZ (2.77 billion rubles), ChTPZ (2.55 billion rubles), ITZ (2.39 billion rubles), TMK (2.1 billion rubles) and TIT (1.97 billion rubles). (Ukrainian metal)

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