Voestalpine gets South Stream contract

Voestalpine Group secured its third major contract to deliver 120,000 tons of sour-gas-resistant, high-strength linepipe plates for the second South Stream pipeline by spring 2015.

The South Stream contract is not affected by sanctions. Further negotiations are also currently underway concerning extremely challenging pipeline projects.

As with the first South Stream pipeline, 35 percent of the project volume goes to Voestalpine’s long-term Russian partner OMK, which will source around half of its requirements for highest quality heavy plate from Linz. The contract highlights the professional nature of the partnership between Voestalpine Grobblech and Russian tube manufacturer OMK which stretches back over many years. The material being supplied includes highest quality sour-gas-resistant, high-strength linepipe plates. Delivery is scheduled to take place from December 2014 through to spring 2015.

Press Release, September 5, 2014; Image: Voestalpine Group