Investor Presentaiton
TMK
Strong Position on the Domestic Market
TMK share of seamless OCTG
Seamless OCTG market share, %
26%
■ TMK
■ Import
9%
65%
■ Other local
producers
TMK share of premium connections
Premium connections market share, %
14%
86%
Source: TMK estimates, based on 1Q 2020 numbers
■TMK
■ Other
■ Further development of conventional and unconventional reserves will
require increased share of up-to-date drilling techniques and reliable
OCTG products
■ Russian seamless OCTG market was stable in 2019
■ TMK is a leader in the seamless OCTG production on the Russian
market with a more than 60% market share for 12M 2019 and
1Q 2020
Stable drilling market in Russia
Min meters
30
25
20
GNN
15
10
5
0
2009
14.4
16.5
18.7
20.5
22.2
20.8
22.0
24.9
27.6
27.6
Source: Spears & Associates
Annual development drilling volume -Total new wells drilled (rhs)
27.3
0
10,000
8,000
6,000
4,000
2,000
14
Units
TMKView entire presentation