In early July, 2008 ÒÌÊ Oilfield Services Division, launched tubing production line at its facilities in the city of Buzuluk (Russia), enhancing its ability to provide the customers with a set of services both for maintenance and repair, and production of high-tech tubular goods. The existing processing line used for tubing repair was upgraded to be able to produce new tubing. The line annual capacity amounts to 11 thousand tonnes of pipes. As it was outlined by Sergey Agaphonov, TMK Oilfield Services’ CEO, an increase of TMK’s production capacity in the oil and gas fields is in line with the Company’s strategic goal to provide a full range of high-tech products and services for oil and gas industry. OOO “TMK Oil Field Services” was set up in 2008 to manage TMK’s assets located in key Russia’s oil and gas regions.