Sale of Ukrainian Oil and Gas Industrial Pipes Beats Its Records

Sunday, September 19, 2021
1 MIN
Sale of Ukrainian Oil and Gas Industrial Pipes Beats Its Records

OCTG pipes produced by the Ukrainian industrial company "Interpipe" crossed their peak due to strong demand in MENA

As stated in the Interpipe report, in August 2021, sales of OCTG pipes increased to 18.8 thousand tons (+ 29.5% compared to the same period in 2020).

“OCTG sales reached a new peak in August, mainly driven by strong demand in the MENA region. At the same time, over 8 months, sales of oil and gas pipes increased by 76.5% to 103.6 thousand tons,” the report of Interpipe says.

  • Sales of line pipes in January-August 2021 increased to 205 thousand tons (+ 10,7%). This jump is explained by demand in the MENA regions, the CIS and Ukraine itself;
  • Sales of engineering pipes in January-August reached 14,9 thousand tons (+ 27%);
  • Sales of welded pipes in August increased to 5,5 thousand tons (+ 87,1%). The increase is explained by a decrease in prices for hot-rolled products and natural recovery in demand for welded pipes.

In the aggregate volume, sales of Interpipe pipes in 2021 increased by 358 thousand tons (+ 15,5%) compared to the same period in 2020.

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