Transneft PAO (Russia)

"Transneft" is a Russian state transport monopoly, the largest pipeline company in the world. Transneft operates more than 70,000 kilometers of pipelines, transports about 90% of the oil produced in Russia and about 30% of the oil produced in the country, as well as significant volumes of hydrocarbons to the CIS countries. The contemporary state of the Company's pipeline system meets the highest standards of reliability and ensures uninterrupted flow of oil to the domestic and foreign markets. Fees for company's services are regulated by the Federal Tariff Service (FTS ) to cover the costs associated with the provision of services for the transportation of oil, and create the necessary amount of profit allocated including the investment program. Main activities include provision of services for the transportation of oil and oil products through the pipelines in the Russian Federation and abroad. Transneft in figures: about 70 thousand km of pipelines, pumping stations, more than 20 million cubic meters of tank containers.