Public Joint Stock Severstal : Severstal Presents Effective Solutions at ADIPEC in Abu Dhabi

November 17, 2021 Severstal Presents Effective Solutions at ADIPEC in Abu Dhabi

Severstal, one of the world's leading steel and steel-related mining companies, is taking part for the second time in ADIPEC, the largest international exhibition for energy professionals, which is taking place from November 15 to 18, 2021 in Abu Dhabi, UAE. The Company is presenting innovative products and integrated supply solutions for customers engaged in the extraction, transportation, and processing of oil and gas.

Severstal is presenting large-diameter pipes (LSAW) for oil and gas pipelines, such as special-purpose products designed for operation in non-standard conditions. These include LSAW made of steel grades that extend the service life pipelines in acidic environments, as well as LSAW with high strain capacity used for gas transportation sections in seismically unstable regions.

Since 2018, Severstal has significantly increased its LSAW exports to the international market. In the last two years, clients have purchased pipes for projects in regions including Egypt, the USA, Bangladesh, Great Britain, Peru, Bulgaria, Brazil, and export volumes have more than tripled since 2019. Since 2018, the Company has passed 36 qualifications from leading market participants, including ADNOC, EGPC, Petrojet, and GASCO. Severstal is also developing relations with its Middle East partners with an intention to commence supplies to this region in the near future.

Severstal has a production capacity of about 600 thousand tonnes of LSAW per year for offshore and onshore oil and gas pipelines. The Company provides a full production cycle and is therefore able to adapt products to individual customer requests, as well as control the quality of products throughout the entire production chain.

Dmitry Goroshkov, Director, Sales and Business Development, Energy Sector, AO Severstal Management, said:

"Projects in MENA countries tend to be highly specialized requiring the highest level of technology. Pipes must withstand a huge range of temperatures and have a particular margin of security. We have experience in implementing these kinds of projects. Severstal is constantly developing additional measures to protect our pipe products, and we have already achieved great things".

Severstal has successfully completed a number of projects in Europe that required a custom-tailored approach (Turkstream and Polish Slovak Gas Interconnector). For Turkstream, the Company has supplied 260 thousand tonnes of LSAW for the offshore section. During the production of these pipes, the Company complied with the increased requirements for the geometry of pipes and implemented a solution to reduce project costs. More than 11,500 tonnes of 18 m LSAW have been supplied for Polish Slovak Gas Interconnector. The use of longer pipes made it possible to reduce the costs of the pipeline's construction and improve its reliability and efficiency. To complete deliveries for this project, Severstal used a multimodal transport logistics scheme, which included transportation by road, sea, and rail.

By meeting unique requirements and offering cost-effective solutions, Severstal helps oil and gas companies implement challenging projects around the world.