1.1.Transneft Group

Transports
Crude oil
83%
Light petroleum products
29%
Operates
Storage tanks
24
mln m3
Trunk pipelines
67
thou km
Pumping stations
500

Transneft is the largest oil pipeline company in the world, a natural monopoly transporting oil and petroleum products via trunk pipelines in Russia; it is controlled by the state and included in the list of joint stock companies of strategic importance.

Core business activity: organising and carrying out transportation of oil and petroleum products via trunk pipelines.

Competitive Advantages
  • Monopoly over the oil pipeline transportation market
  • Low specific operating expenses compared to rail and water transport
  • Short terms of oil and petroleum products delivery, independent of the speed of their physical movement via the trunk pipeline system


The main projects implemented by Transneft in 2019:

Expansion of the ESPO PS within the Tayshet IPS – Skovorodino PS section to 80 MTPA
  • Expansion of the ESPO PS within the Tayshet IPS – Skovorodino PS section to 80 MTPA
Expansion of the ESPO PS within the Skovorodino PS – Kozmino SSOP section to 50 MTPA
  • Expansion of the ESPO PS within the Skovorodino PS – Kozmino SSOP section to 50 MTPA
Increasing the throughput capacity of the Usa – Ukhta and the Ukhta – Yaroslavl oil trunk pipelines
  • Increasing the throughput capacity of the Usa – Ukhta and the Ukhta – Yaroslavl oil trunk pipelines
Construction of the ESPO PS – Komsomolsk Refinery pipeline offshoot
  • Construction of the ESPO PS – Komsomolsk Refinery pipeline offshoot
Capital investment financing volumes, RUB bn
2018 (actual) 2019 (actual) 2020-2024 (target)
TOTAL for the Development Programme 258.6 282.6 1 166.7
Technical Upgrading and Revamping Programme 194.8 244.5 1 154.3
Investment Programme 63.8 38.1 12.4


AUTHORISED CAPITAL STRUCTURE AS OF 31 DECEMBER 2019

Transneft’s authorised capital is divided into ordinary and preferred shares.

Preferred shares price behaviour in 2019

The main projects of Transneft whose implementation continues in 2020:

Revamping oil trunk pipelines for transportation of oil to refineries in Krasnodar Territory
  • Revamping oil trunk pipelines for transportation of oil to refineries in Krasnodar Territory
Developing a corporate data communication network to build Transneft’s unified information system
  • Developing a corporate data communication network to build Transneft’s unified information system