On November 14, Transneft Board of Directors will discuss the standard of the audit of large investment projects

On November 14th, Transneft Board of Directors will discuss the project of ‘The corporative standard for the execution of the public technological and price audit of large investment projects’. Besides from that, the directors will also discuss the interested party transaction.

A day ago the chief of the company N. Tokarev claimed that Transneft was going to save 8 billion rubles because of the correction of its investment program for 2014. He did not bind the need for the correction of the investment program with the future decision about freezing of Transneft’s tariffs for 2014.