Investor Presentaiton
TMK share of seamless OCTG
Seamless OCTG market share, %
Strong Position on the Domestic Market
25%
9%
66%
■ TMK
Import
■ Other local producers
TMK share of premium connections
Premium connections market share, %
TMK
81%
Min meters
Source: TMK estimates, based on 1H 2020 numbers
Source: Spears & Associates
TMK
50
10
Development of conventional and unconventional reserves will
require the use of non-conventional 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
1H 2020
Stable drilling activity in Russia
30
25
20
15
14.4
16.5
18.7
20.5
Annual development drilling volume
22.2
20.8
22.0
24.9
27.6
Total new wells drilled (rhs)
27.6
27.3
10,000
8,000
6,000
4,000
2,000
14
Units
TMKView entire presentation