The 32nd Plenary Session of the Foreign Investors' Council chaired by the President of the Republic of Kazakhstan was held on July 4, 2019, in Nur-Sultan.

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OAO TMK is a leading global supplier of tubular products for oil and gas sector. TMK comprises 24 operations located in Russia, the United States, Romania and Kazakhstan, and two R&D centers in Russia and the United States. The total volume of shipments of pipes in 2011 amounted to 4.23 million tons. The largest share in the structure of the Company's sales belongs to threaded oil and gas pipes shipped to customers in 85 countries. TMK supplies its products along with a wide range of services that include heat treatment, protective coating, cutting premium connections, and storage and repair of pipes.

In 2008, the Kazakhstan plant Kaztrubprom of Uralsk became part of OAO TMK. Since that time, investment in the plant’s development has amounted to over U.S. $ 40 million. Successfully implemented programs include provision of shops with the latest equipment, training of qualified personnel and introduction of a quality system as per ISO 9001 and API Spec Q1.

Currently, the plant manufactures tubing and casing for oil and gas industry in accordance with the international standards API, ASTM and EN/DIN, as well as high-tech Premium connections developed by OAO TMK.

The plant has developed and continues implementation of a program for increasing the local content in the finished product. Thanks to that, this year a level was reached that ensures the inclusion of TMK-Kaztrubprom in the registry of domestic manufacturers supported by a CT-KZ certificate of Kazakhstani product origin. While increasing depth of processing at the plant, Kaztrubprom improves cooperation with other Kazakhstan companies in the area of components supply.

Plant’s particular attention is paid to the training of engineering and technical personnel. For this purpose, TOO TMK-Kaztrubprom develops active and fruitful cooperation with West-Kazakhstan Agrarian Technical University. The plant has developed and continues implementation of a comprehensive program of personnel qualification development.

In accordance with the general policy of OAO TMK, the plant’s priority matters are social policy and labor safety. Through the entire period of operation, there have not been recorded any case of serious injury, breach of employment contracts, delays in salary payment and social benefits.

The company representatives are active participants in the two working groups of the Council of Foreign Investors chaired by the President of the Republic of Kazakhstan – for the oil and gas sector and for the current activities of foreign investors.