overview March 2019 Page number SECTION I KEY FIGURES 3 SECTION - - PowerPoint PPT Presentation

Public Joint Stock Company “Chelyabinsk Pipe Plant”

FY2018 IFRS results and market

• verview

March 2019

Page number SECTION I KEY FIGURES 3 SECTION II MARKET OVERVIEW & COMPANY STRATEGY 7 SECTION III FINANCIALS 20 SECTION IV APPENDIX 26

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KEY FIGURES

3

• One of Russia’s largest pipe manufacturers with a diversified customer base within

Oil & Gas and Industrial sectors

• Main
• perational

assets are located in Chelyabinsk (ChelPipe), Pervouralsk (Pervouralsk Pipe Plant), Almetyevsk & Izhevsk (Rimera)

• Core shareholders are Andrey Komarov and Pavel Fedorov (jointly control more than

80% of ChelPipe Group)

• Credit ratings: Moody's - Ba3 (stable), Fitch - BB- (stable), RA Expert - A+, (stable)

KEY NUMBERS PRODUCT MIX

(1) Company estimates for 2018, market size is provided exclusively for LDP & OCTG pipe segments, incl. exports/imports from/to Russia (2) Including only pipe division shipment volumes, incl. export sales (3) OFS – oilfield services division (Rimera group of companies)

KEY FACTS SECTOR POSITIONING AMONG RUSSIAN PRODUCERS1

RUB 178.8 bn

Source: Company’s data

CHELPIPE AT A GLANCE

KEY EVENTS

• ChelPipe launched an e-commerce platform to develop an additional sales via direct
• rder channel and expand the possibilities of acquiring pipe products end users
• ChelPipe became the sole supplier of low-temperature LDP for the Nord Stream 2

in the coastal zone. For this order the Group mastered a new LDP welding technology

• Gazprom and ChelPipe signed a roadmap for offshore fields pipes
• Fitch upgrades ChelPipe outlook to Stable, affirms rating at BB-
• The BoD of ChelPipe approved the program for customer-centric transformation
• ChelPipe signed release of pledge of shares with GPB and VTB

Market: 2.9 mn t1 Market: 2.5 mn t1 Total: 1.9 mn t

24% 30% 17% 15% 10% 3% TMK OMK ChelPipe ZTZ ITZ Others 18% 52% 17% 13% ChelPipe TMK OMK Others 8% 14% 29% 49% Seamless pipes LDP Others OFS & trunk pipeline 62% 36% 2% Seamless pipes LDP Other welded pipes

#2 in the LDP segment #2 in the OCTG segment Revenue composition Shipments2

4

MARKET UPDATE

LDP

1. In 2018, LDP demand increased significantly in the domestic market (+492 th tonnes, +30% y-o-y). Due to completion of Nord Stream supplies total export decreased (-324 th tonnes, -30% y-o-y) 2. The main projects in 2018 were:

• Northern European pipeline (underwater and terrestrial sections of Nord Stream 2)
• Turkish Stream
• Oil and gas field infrastructure development (Rosneft, Novatek)

OCTG

1. In 2018, OCTG market in Russian remained flat y-o-y at 2,304 th tonnes 2. Dynamics of key indicators of the oil and gas industry in Russia y-o-y: drilling volumes were down 0,5%, launch of new wells were down by 239, total well count increased by 2,124. This dynamics results from obligations of Russia to decrease oil production following OPEK agreement

Oilfield services

1. The SRP* market significantly decreased (17% y-o-y) due to intensive shift of well count from SRP to ESP** at Lukoil West Siberia, Surgutneftegaz, Rosneft and Bashneft 2. Growth of sinking by boring at technical drilling by 2% y-o-y resulted in increase of well count with ESP and increase of ESP independent service market by 1% y-o-y

Trunk pipeline equipment

1. In 2018, demand for pipeline fittings significantly increased in CIS as well as in Russia (+8.46 th tonnes, +26% y-o-y) 2. The main projects in 2018 were:

• Northern-European pipeline
• Construction of compressor facilities on the Ukhta-Torzhok pipeline (second thread)
• Construction of Amursky gas processing plant
• Outfitting of Zapolyarny OGCF
• Outfitting of oil deposits in the Vankor cluster (Rosneft)
• Construction of the third round of the Yamal SPG project (Novatek)

* Sucker-rod pump ** Electric submersible pump 5

(1) Including inter-segment revenue. *2016Y incl. financials of Meta Group (scrap) as a part of Pipe division (2) EBITDA figures exclude adjustments and eliminations and hence differ from consolidated group EBITDA

REVENUE1 EBITDA2 Pipe segment* Oilfield Services Trunk Pipeline Equipment

SEGMENTAL PERFORMANCE DYNAMICS

= EBITDA margin

21.1% 15.6% 15.6% 13.1% 16.1% 20.0% 6.8% 10.2% 16.9% 122.7 137.6 154.1 2018 2017 2016 12.2 12.4 13.5 2016 2017 2018 5.9 4.9 6.5 2016 2018 2017

RUB bn

6

25.9 21.4 24.1 2016 2017 2018 1.6 2.0 2.7 2016 2017 2018 0.4 0.5 1.1 2016 2017 2018

MARKET OVERVIEW & COMPANY STRATEGY

7

*Data for the Group as defined at IFRS reporting ** Calculated as Adj. EBITDA/Net Sales

CHELPIPE RANKS AMONG THE TOP GLOBAL STEEL PIPE PRODUCERS

2.4 1.4 1.4 1.0 4.0 2.0 1.9 1.2 0.5 3.6 2.5 2.4 0.8 2.4 1.4 1.4 1.0 0.5 ТМК ОМК Chelpipe Severstal Zagorsk Tenaris TPCO Vallourec US Steel

Sales in Russia Total sales

13.7% 15.8% 20.1% 3.8% 12.4%

EBITDA margin*

** No data No data No data mn tonnes

Source: Company’s data and publicly available figures for FY2018

No data

8

28% 36% 36% 43% 39% 6% 12% Nord Stream Gazprom NOVATEK Others 6.0% 94.0% TOP-7 clients* Others 26% 13% 10% 10% 9% 32% Rosneft Surgutneftegaz Gazprom neft LUKOIL Transneft Others (Small CIS oil companies and EPC contractors)

DIVERSIFIED SALES CHANNELS AND LOW CLIENT CONCENTRATION IN INDUSTRIAL SECTOR

*Including: LLC Bolwerk, Engineering company" AEM-technologies" , Production private unitary enterprise "Runak" , Kamaz, Nipigaspererabotka, Krasniy Kotelshik, PJSC "Machine-building plant "ZiO-Podolsk" Source: Company’s data

Revenue mix in the pipe segment

Oil segment Gas segment Industrial sector

74% 10% 16% Domestic sales Nord Stream 2 Other exports

Pipe shipments Total: 1.9 mn tonnes

RUB 151.2 bn*

* Revenue from external customers 9

1,698 472 3,626 1,517 632 3,513

New pipeline construction(LDP) Renewal of existing pipelines (LDP) Consumption of oil & gas industry (OCTG and line pipe)

2017 2018 DECREASE IN NEW LDP PROJECT DEMAND IS PARTIALLY OFFSET BY INCREASE IN MAINTENANCE LDP DEMAND STABLE INCREASE IN DRILLING IN RUSSIA

STABLE OIL AND GAS CAPEX SUPPORTS LDP AND OCTG DEMAND

Source: Company data, CDU TEK, public sources

• 10%

+34%

• 3%

20.4 22.6 24.7 28.8 28.7 27% 30% 33% 39% 48%

0% 10% 20% 30% 40% 50% 60% 70% 5 10 15 20 25 30 35

2014 2015 2016 2017 2018

Drilling volume (km's) Share of horisontal drilling

CAGR +6.7%

th tonnes 10

Source: Oil and Gas Vertical 2016, BP Statistical Review of Energy 2016

HORIZONTAL DRILLING IN RUSSIA NUMBER OF TOTAL RUNNING WELLS IN RUSSIA NUMBER OF NEW WELLS COMPLETED IN RUSSIA RUSSIAN OIL PRODUCTION

Kilometers mmbpd

HORIZONTAL DRILLING VOLUMES GREW WHILE PRODUCTION CUTS HAD A NEGATIVE EFFECT ON NUMBER OF NEW WELLS

5,557 8,145 2015 6,954 2014 +20% 2018 13,901 2017 11,232 2016 10,91 10,84 2016 2017 2014 2018 2015 10,98 10,97 11,17 146,282 148,658 151,470 150,770 2018 2016 2014 2015 2017 155,046 +1% 8,184 2014 2018 2015 2016 6,065 2017 6,261 7,146 7,946 +6%

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CHELPIPE MAINTAINS A HIGH LEVEL OF CLIENT DIVERSIFICATION OUTSIDE OF OIL & GAS

46% 55% 56% 49%

54% 45% 44% 51%

Machinery Energy Chemicals/Petrochemicals General use

Other producers Chelpipe market share in 2018

2019 forecast for key industries

• The growth of industrial

production in 2019 is expecting to be 1.4%*

• Maintaining sustainable

investment growth will ensure the demand for investment products such as machine tools, forging machines, agricultural and road construction equipment, trucks, railway locomotives

• According to the program
• f development of the

unified energy system in 2019, it is planned to introduce TPP** capacity- 970 MW, NPP**-1,200 MW

• The growth of investments

in energy (except for transmission and distribution) is expecting to be 2.6%*

• In 2019, the development
• f the chemical industry in

Russia will be determined by investment projects for the commissioning of new facilities and technical re- equipment of the following companies: Akron, SDS Azot, Uralkali, Gazprom

• The increase of investments

in capital facilities of Russian economy (not related to the production and transportation of hydrocarbons and electricity) is expecting to be 1.2%*

• Demand in the construction

industry will be supported by infrastructure projects, such as the construction of bridges, roads, construction

• f ports and naval bases

*According to the forecast of The state development corporation «VEB.RF» ** TPP - thermal power plant NPP - nuclear power plant 12

41% 45% 11% 3%

ChelPipe TMK Import Other

20% 24% 21% 17% 13% 4% 1%

ChelPipe ZTZ OMK ITZ ТМК Other Import

18% 45% 15% 14% 8%

ChelPipe TMK OMK Other Import

5 leading LDP manufacturers in Russia accounts

for 95% of total sales In 2018, ChelPipe took the third place by sales volumes in Russia ChelPipe’s market share in Russia is historically around 24-26% depending on the infrastructure project schedule. In 2018, market share in Russia is lower following deliveries to three pipeline projects abroad

CHELPIPE HOLDS LEADING POSITIONS IN ALL MAJOR STEEL PIPE SEGMENTS IN RUSSIA

LDP

Source: Company’s data

2,105 th tonnes

3 largest producers constitute 78%

• f Russian market

In 2018, ChelPipe takes the second place by sales volumes

OCTG

2,251 th tonnes

2 main manufacturers constitute 85%

• f Russian market

Russian manufacturers account for over 89%

• f the market; the rest is imported

ChelPipe focuses on 3 main sectors for seamless pipes: oil and gas, machinery and for general purpose

Other seamless pipes

1,361 th tonnes

13

75% 82% 74% 78%

2015 2016 2017 2018

Metalloinvest Evraz UMMC Mechel Others incl. import IO-32

VERTICAL INTEGRATION AND STRONG SUPPLIER BASE

Scrap processing

META Group

Pipe billet production

Electric arc furnace

Iron Ozon 32

Seamless pipes production

ChelPipe/ PNTZ

High level of vertical integration in the process of seamless pipe production Advantageous location near steel plate suppliers for LDP division

BILLETS SUPPLY STRUCTURE STRIP PURCHASING STRUCTURE

1,301 1,229 1,449 ‘000 tn 1,464

In 2018 IO-32 produced record high 1,150 th tons

• f billets

55% 54% 59% 40% 30% 40% 20% 42% 9% 6% 6% 18% 18% 2015 2016 2017 2018

ММК Metalloinvest Severstal Others incl. imports

ММК ChelPipe

R U S S I A

Source: Company’s data

Ural Steel*

* part of Metalloinvest 14

953 958 1,067 378 328 315 1,331 1,286 1,382 2016 2017 2018 PNTZ sales External client sales

OWN SCRAP PROCESSING DIVISION PROVIDES STRONG BASIS FOR VERTICAL INTEGRATION

OVERVIEW

• The META group of companies is among the largest Russian companies

which perform procurement and conversion of steel scrap

• META has 90 production sites in 16 regions of Russia
• The company uses the modern equipment of the largest domestic and

foreign manufacturers such as MetsoLindemann, Liebherr,FUCHS, Sierra, KAMAZ, MAZ, MAN, etc

• Since the launch of “Iron Ozone 32” Plant in 2011, PNTZ production costs

are substantially lower compared to if the company had to buy scrapping material from the market

KEY GEOGRAPHIC REGIONS IN 2018

PROCESSING OF SCRAP KEY PARTNERSHIPS

Source: Company’s data

Sales of steel scrap, ths t Volumes of non-ferrous scrap, ths t

22.8 34.4 49.3 2016 2017 2018

• No. Region

1 Sverdlovsk Region 2 Chelyabinsk Region 3 Kurgan Region 4 Perm Territory 5 Republic of Bashkortostan 6 Tyumen region 7 Tyumen region (Khanty-Mansi) 8 Moscow and Moscow region 9 St Petersburg and Leningrad region 10 Samara Region 11 Ulyanovsk Region 12 Republic of Mari El 13 Saratov Region 14 Kirov Region 15 Vologda region 16 Tula region PNTZ 15

OILFIELD SERVICES GREW & MARGINALITY IMPROVED

• RIMERA Group was established in 2007 and now represents ChelPipe’s
• ilfield service division
• Rimera integrates key Russian manufacturers of artificial lift equipment –

Alnas (Electric submersible pumping systems units) and Izhneftemash (Sucker-rod pump units), and service net which supports OFS equipment and OCTG

• Rimera continued its growth track increasing its share of wells serviced

to 21%, it also managed to optimize the number of pumps manufactured

1 2 3 4 5 Source: Company’s data

Production Service net

OVERVIEW KEY GEOGRAPHIC REGIONS

Production volume is optimized in accordance with the market conjecture

55,866 79% 2015 4,493 (10%) 91% 2016 5,678 (11%) 89% 80% 10,560 (20%) 2017 11,785 (21%) 2018 47,295 50,700 52,277 CAGR +6% Wells serviced by Rimera Wells not serviced by Rimera 48% 2015 40% 60% 48% 52% 2016 52% 2017 42% 58% 2018 7,618 8,847 10,435 9,367 CAGR +7% Electric submersible pumps Sucker rod pumps

Share of ESP wells serviced in Russia is increasing

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Products Supplies, th.tons Revenue, % of total Market share1, % Production facility

Large diameter pipes (LDP)

688

Chelyabinsk Pipe Plant Seamless (OCTG)

454

Chelyabinsk Pipe Plant Pervouralsk Pipe Plant Other seamless pipes

742

Chelyabinsk Pipe Plant Pervouralsk Pipe Plant Pipeline fittings

14.3

ETERNO SOT Oilfield services ESP

3,966 pcs

ALNAS Izhneftemash SRP

5,398 pcs

CHELPIPE PROVIDES A WIDE ASSORTMENT OF VARIOUS PRODUCT LINES FOR THE OIL AND GAS INDUSTRY

(1) In Russia

29%

* Compared to 2017 ** Market share is calculated based on hot bends and stamp-welded pipe fittings *** excl. export projects

20% 29% 7% 7% 20%*** 18% 41% 26% 15% 47%

• 4%*

+1%* +0,5%*

• 4%*

+3%*

+2%* **

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INCREASE IN ANNUAL SAVINGS FROM PERFORMANCE IMPROVEMENT PROGRAM

End 2017 End 2018

4,062 RUB mn in savings*

41% 33% 15% 6%

Major operational contributors to financial savings

Production efficiencies Vertical integration Headcount optimization Raw materials Energy costs Supply chain management Raw materials

• Optimization of raw material

cost base

• Installation of new equipment,

improvement of mill works at steel making plant

• 257 RUB mn in service costs

Energy costs

• Modernization of utility grid
• Increasing proportion of spot

natural gas purchases

• 127 RUB mn in savings

Supply chain management

• Reduction of delivered costs

via supplier changes and centralization of procurement from third parties resulting in volume discounts

• 66 RUB mn in savings

Headcount optimization

• Eliminating ineffective

positions, relocating underutilized employees to alternate divisions

• 602 RUB mn in savings

Vertical integration of production

• Substitution of external

services and products by own billet making capacities

• 1,333 RUB mn in savings

Production efficiency

• Advancement of production

technology, displacement of certain components

• Changes to exploitation of

certain equipment

• Optimization of manufacturing

routes

• 1,677 RUB mn in savings

*Operational improvement savings only, without financial costs decrease

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THE GROUP’S STRATEGIC PRIORITIES ARE FOCUSED ON LONG-TERM SUSTAINABLE DEVELOPMENT

Operational efficiency enhancement Product line development Organizational development and investment to human capital Customer-centric transformation

• Implementation of artificial intelligence solutions, big data analysis

and internet of things

• Optimization of production costs
• Reduction of non-production operations
• Reduction manufacturing defects
• Improving inventory management system

ChelPipe Group strategic priorities for 2019

• High value-added product extension
• OCTG product line extension
• Implementation of new technologies and materials: laser welding, coatings,

alloys

• Ensuring corporate governance transparency
• Attracting the best business practices in management and governance
• Core competences development of production and administrative

personnel

• Continuous development of the e-commerce platform and communications

with end users

• Reengineering of business processes
• SAP implementation
• Decision making based on comprehensive analyses of quantitative data
• Integration of supply chain management system
• Creation of Shared Service Center

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FINANCIALS

20

FINANCIAL PERFORMANCE

KEY FINANCIAL METRICS ADJUSTED EBITDA BRIDGE

* Including gains/losses in associates & dividend income

135.5 158.3 178.8 28.1 23.6 28.2 21.0% 15.0% 15.8% 2016 2017 2018 Revenue EBITDA EBITDA margin (%) 20,583 14,551 1,153 2,234 363 Revenue difference Distribution costs EBITDA 2017 COGS SG&A 28,223 EBITDA 2018 Impairment

• f assets

23,639 Others* 4 +19.4%

RUB mn RUB bn

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COST STRUCTURE DYNAMICS

*Including: commissions, office expenses, D&A, operating lease expenses & insurance

DISTRIBUTION GENERAL & ADMINISTRATIVE COST OF GOODS SOLD

**Including: Insurance, social and charity and other expenses

1,609 334 195 132 285 252 10,765 Taxes 13,308 Consultancy 2018 Non- production

• verheads

Salaries Others2 2017 D&A +23.6% 813 93 216 105 120 Transportation 2018 Advertising, marketing Packing, storage Salaries 2017 10,518 9,357 Others1

• 11.0%

269 3,080 356 1,063 682 397 349 9,577 Changes in WIP & finished goods Production

• verheads,

repairs Salaries 2017 Raw materials 2018 134,556 Utilities Changes in inventory D&A 120,685 COGS for resale +11.5% RUB mn RUB mn RUB mn

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1,758 1,937 1,609 1,968 1,634 1,246 259 162 76 180 2017 2018 Rimera (oilfield services ) Maintenance Projects R&D Other

BALANCED APPROACH TO CAPEX MANAGEMENT

RUB mn

Main CAPEX activities

Total:

5,492 RUB mn

Total:

5,336 RUB mn

+3%

Expansion CAPEX 37% Expansion CAPEX 29%

Project name RUB mn Expansion projects 1,587 IT strategy incl.: 549 Business digitalization (ERP / SAP) 517 Internal documentation IT solutions 19 Security automatization 13 Operational efficiency program&modernization / Artificial intelligence solutions 257 Innovative projects / R&D / Big data analysis 268 Ecological projects 25 Projects in oilfield services 291 Scrap division improvements 17 Other projects 180 Maintenance projects 1,968 Pipe division 1,411 Other divisions 557 Rimera (rolling scheme) 1,937 TOTAL CAPEX 5,492 Rimera (rolling scheme)

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19.7% 17.7 bn rub 80.3% 72.3 bn rub Short-term Long-term 22.2% 19.9 bn rub 77.8% 70.1 bn rub Floating Fixed 58.7% 53 bn rub 27.7% 25 bn rub 11.3% 10 bn rub 2.3% 2 bn rub Russian state banks Bonds Foreign banks Other banks

CHELPIPE TOTAL DEBT WAS RUB 90.0 BN AS OF 31 DEC. 2018

CURRENCY DENOMINATION INTEREST RATE CREDITOR BREAKDOWN* DURATION BREAKDOWN

11.6% 10.4 bn rub 88.4% 79.6 bn rub Foreign currency Russian rubles

* Management accounts 24

17.6 16.5 13.0 15.3 27.9 21.6 14.0 Столбец3 Столбец4 2019 2020 2021 2022 2023+ Debt to be repaid Cash&equivalents Undrawn commited credit lines

DELEVERAGING AND IMPROVEMENT OF LOAN PORTFOLIO DURATION ARE KEY OBJECTIVES OF FINANCIAL POLICY

TOTAL DEBT REPAYMENT SCHEDULE1 CREDIT RATINGS DEBT AND LEVERAGE DYNAMICS AS OT THE END OF THE YEAR

1. Debt repayment schedule according to RAS, without IFRS discounting, total debt repayment incl. leasing amounted to RUB 90.3 bn

99.4 94.1 91.1 86.4 90.0 94.0 86.1 76.2 67.3 68.4 4.14x 2.98x 2.72x 2.85x 2.40x 2014 2015 2016 2017 2018 Gross debt Net debt ND/EBITDA

ruA+

Stable

BB- Ba3

Stable

Liquidity

Negative

Stable

RUB bn RUB bn

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APPENDICES

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IFRS STATEMENTS

RUB bn As at 31/12/2018 As at 31/12/2017 Cash & cash equivalents 21.6 19.1 Current assets 77.5 86.8 Non-current assets 64.6 66.1 Total assets 142.1 152.9 Current liabilities 64.1 68.5 Non-current liabilities 74.2 79.5 Total liabilities 138.3 148.0 Total shareholder’s equity 3.8 4.9 Total equity + total liabilities 142.1 152.9

Summary Balance Sheet

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IFRS STATEMENTS

Summary Income statement

RUB bn FY2018 FY2017 Revenue 178.8 158.3 COS (134.6) (120.7) EBITDA 28.2 23.6 Margin (%) 15.8 14.9 Profit from operations 20.1 15.8 Margin (%) 11.2 10.0 Earnings before tax 10.8 6.2 Margin (%) 6.0 3.9 Net income 7.7 4.0 Margin (%) 4.3 2.5 Basic EPS (RUB/share) 25.8 14.0

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IFRS STATEMENTS

RUB bn FY2018 FY2017 Profit before income tax 10.8 6.2 Adjustments for depreciation and amortization 6.9 7.4 Adjustments for finance costs 9.4 9.7 Operating cash flows before working capital changes 28.7 23.2 Cash generated from operations (after interest) 14.8 17.9 Purchase of PPE & intangible assets (CAPEX) (5.5) (5.3) Net cash used in investing activities (6.0) (5.5) Proceeds from borrowings 44.5 126.8 Repayment of borrowings (42.7) (131.4) Dividends paid to owners of the Company (3.7) (3.3) Net cash used in financing activities (8.0) (8.2) Net increase in cash & cash equivalents 2.5 4.3 Cash & cash equivalents at beginning of period 19.1 14.8 Cash & cash equivalents at end of period 21.6 19.1 Free cash flow to firm 9.3 12.6

Summary Cash Flow Statement

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Manufacturing of fittings and valves Oilfield services Manufacturing of pipes Oil & Gas equipment

• Large diameter pipes

(LDP)

• Pipes for oil and gas

production

• Industrial pipes

Steel pipes production

Chelyabinsk

Scrap collection and processing

Ural and Povolzhsky Region

• Chain of scrap processing

sites

• Development of complex

solutions

Engineering

Moscow

• Round and square billet
• Seamless pipe production

Steel melting and seamless pipes

Pervouralsk

• Trade branched in Russia

and Kazakhstan

• 16 storage facilities

Distribution network

Russia, Kazakhstan

• Hot bends
• Cold bends
• Short-radius bends

Pipeline equipment

Chelyabinsk

• Pumping units and

aggregates

Oil production – equipment

Almetievsk, Izhevsk

Czech Republic

K a z a k s t a n

Almaty Magnitogorsk Chelyabinsk Moscow

R U S S I A

Noyabrsk

• Nanoenabled stainless

steel connections

• Stamped-welded pipeline

joints (SWPJ)

Pipes and stamp welds

Chelyabinsk

Industrial valves

Czech Republic

• Stop valves
• Ball valves
• Check valves
• Special valves

CHELPIPE GLOBAL ASSETS MAP

Izhevsk Buguruslan

• Repair services of pumping

equipment

• Pipe services

Oilfield services

Tatarstan, Udmurtia, Khanty-Mansiysk, Orenburg, Yamalo-Nenets Regions

Gubkinskiy Muravlenko Nizhnevartovsk Nefteyugansk Nyagan, Talinka Almetievsk Pervouralsk

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CONTACTS

Department of corporate finance & investor relations Moscow, Lesnaya Street 5B, 14th floor IR@chelpipe.ru Dmitry Muz

+7 (495) 933-27-80 #4485

Olga Gaponova

+7 (495) 933-27-80 #4493

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