Transneft

Joint Stock Company Transneft (Russian: Транснефть) is a Russian state-owned transport monopoly, the largest oil pipeline company in the world. JSC "Transneft" is operating over 70 thousand kilometers of trunk pipelines. It transports about 90% of oil and 30% of oil products produced in Russia, in addition to considerable volumes of crude hydrocarbons from the CIS countries. The company is headquartered in Moscow and led by Nikolay Tokarev.

History

Oil Transporting Joint-Stock Company Transneft was established by Decree of the Government of the Russian Federation No. 810 dated 14 August 1993 in pursuance of Decree of the President of the Russian Federation No. 1403 dated 17 November 1992. The founder is the Government of the Russian Federation. Transneft, JSC was registered by the Moscow Registration Chamber on 26 August 1993, certificate No. 026.800.

Transneft's core business