16 Jul 2009 12:07

TMK ships 20% less pipe in H1, but Q2 shipments up 7%

MOSCOW. July 16 (Interfax) - Russia's TMK , one of the world's top-three oil and gas industry pipe producers, saw pipe shipments fall 20% to 1.2 million tonnes in the first half of 2009, the company said in a statement.

However, shipments in the second quarter were 7% higher than in the first quarter.