News Release

Trump Promises U.S. Steel in Pipelines; A Russian Oligarch Profits

Pipeline1STEVE HORN, steve [at] desmogblog.com, @SteveAHorn
Horn is an investigative journalist and writer for DeSmogBlog.com. See his recent writing exposing many aspects of the fossil fuel industry. He recently broke the story: “Behind Trump’s Push for ‘American Steel’ in Pipelines, Another Russian Company with Putin Ties Stands to Benefit,” which states:

“In his speech at the Conservative Political Action Conference (CPAC) … President Donald Trump commemorated the one-month anniversary of his executive orders calling for the approval of the Keystone XL and Dakota Access pipelines, as well as one calling for U.S. pipelines to get their line pipe steel from U.S. facilities.

“‘I said, who makes the pipes for the pipeline?’ Trump told the CPAC crowd. ‘If they want a pipeline in the United States, they’re going to use pipe that’s made in the United States, do we agree?’

“But while the pipe may be made in the U.S., as DeSmog has shown in previous investigations, ownership tells a different story. Enter: TMK IPSCO, a massive producer of steel for U.S. oil country tubular goods (OCTG) and line pipe, and a subsidiary of TMK Group. A DeSmog investigation has found ties between TMK Group’s Board of Directors and Russian President Vladimir Putin.

“TMK Group was incorporated in 2001, and in 2008, TMK IPSCO opened its doors as a U.S. subsidiary with a heavy focus on making oilfield pipes on behalf of companies performing hydraulic fracturing (‘fracking’) techniques in the Marcellus Shale basin located in the northeast U.S. TMK IPSCO, which has said it wants to be a direct competitor of U.S. Steel Corporation in the Marcellus, also makes steel for companies doing fracking in the Bakken Shale basin, located primarily in North Dakota.

“TMK Group also has a subsidiary named TMK Completions, which manufactures ‘multi-stage completion systems and tools for both uncemented and cemented well completion designs’ for the fracking process. TMK did not respond to repeated requests for comment for this story.”