Project Description:
This investment project provides for the construction of a plant for the production of oil and gas equipment in the SEZ "Seaport Aktau" of the Mangystau region.
Production and annual capacity:
- Tubing pipes – 78.3 thousand tons / year;
- Casing pipe – 66.7 thousand tons / year;
- Linear pipe – 5089 tons / year.
High-alloy steel
Sales market:
domestic market, China, Russia, Turkmenistan
Market prerequisites:
The growth of demand for steel pipes.
According to Lucintel's forecasts, there will be an increase in the overall level of demand for steel pipes in the world. The average annual growth rate (CAGR) in 2019-2024 will be 1.6%, and revenue will be about 68.4 billion US dollars. The main driving forces of this market are the construction of new pipelines, the replacement of outdated pipelines, the increasing level of urbanization and infrastructure development.
Import substitution.
The volume of imports of steel pipes over the past year is 210.8 thousand tons, which is 2 times higher than the volume for 2015. The country's own pipe production is 2.4 times less than the volume of demand for tubing, casing and linear pipes. The expansion of the production of steel pipes will reduce the dependence on imported products.
Export development.
Kazakhstan also sends steel pipes for export. In 2018, the volume of exports of tubing, casing and linear pipes amounted to 149.4 thousand tons, showing an increase of 57% compared to 2014.
