4.6. Execution of the Transneft Development Programme

The Development Programme is part of the Transneft Long-Term Development Programme. It includes investment projects for the pipeline system’s development, revamping and technical upgrading of trunk pipeline facilities.

The actual level of financing for the Development Programme in 2019 amounted to RUB 282,577.0 million (100.1% of the planned amount of RUB 282,419.6 million), including RUB 35,486.1 million from loaned funds and RUB 247,090.9 million from own funds.

With the Transneft Development Programme overall targets hit, the financing plan for the Investment Programme was implemented at 89.2%, which can be explained mostly by the money saved during the projects’ completion.

Execution of the Transneft Development Programme in 2019 (financing)
Project Name Target, RUB mln Actual, RUB mln Execution
Total for the Development Programme, including: 282,419.6 282,577.0 100.1%
own funds 242,550.4 247,090.9 101.9%
loaned funds 39,869.2 35,486.1 89.0%
Total for investment projects, including: 42,753.4 38,115.2 89.2%
own funds 2,884.2 2,629.1 91.2%
loaned funds 39,869.2 35,486.1 89.0%
Total for the Technical Upgrading and Revamping (TUR) Programme, including: 239,666.2 244,461.8 102.0%
own funds 239,666.2 244,461.8 102.0%
loaned funds - - -
Oil Trunk Pipeline System Development Investment Projects 38,225.6 35,087.2 91.8%
Projects being implemented 38,096.4 34,974.2 91.8%
Expansion of the ESPO PS within the Tayshet IPS – Skovorodino PS section to 80 MTPA 19,804.1 18,518.6 93.5%
Expansion of the ESPO PS within the Skovorodino PS – Kozmino SSOP section to 50 MTPA 14,049.0 12,783.7 91.0%
Revamping oil trunk pipelines in Western Siberia to increase the volume of oil transported to Tayshet 192.7 194.2 100.8%
The ESPO PS – Komsomolsk Refinery pipeline offshoot 416.5 203.2 48.8%
Revamping oil trunk pipelines for transportation of oil to refineries in Krasnodar Territory 1,674.5 1,488.0 88.9%
Developing a corporate data communication network to build Transneft’s unified information system (UIS) (the UIS Programme) 1,614.1 1,526.9 94.6%
Increasing the throughput capacity of Transneft’s OTP system to ensure transportation of 12 MTPA of oil to the RN-Tuapse Refinery 275.6 148.4 53.8%
Increasing the throughput capacity of the Usa – Ukhta and the Ukhta – Yaroslavl oil trunk pipelines 69.9 111.2 159.1%
Completed projects (financing of works on support infrastructure, seasonal works and payment of accounts payable) 129.2 113.0 87.5%
Petroleum Products Trunk Pipeline System Development Investment Projects 4,527.8 3,028.0 66.9%
Completed projects (financing of works on support infrastructure, seasonal works and payment of accounts payable) 4,527.8 3,028.0 66.9%
The Oil Trunk Pipelines TUR Programme 207,553.5 212,014.6 102.1%
The Petroleum Products Trunk Pipelines TUR Programme 32,112.7 32,447.2 101.0%