MORE RUSSIAN PIPELINES
REUTERS - Steel pipe maker Tenaris will team up with Severstal, one of Russia's largest steel producers, to make steel pipes in the heart of Russia's oil and gas sector in Siberia, they said on Tuesday.
New industrial projects with Western partners have been rare in Russia in the last five years because of sanctions imposed on Moscow, but the venture between Tenaris and Severstal relies on the main source of Russia's budget revenue - oil and gas exports.
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