Transneft

Almost half of Transneft's pipelines are obsolete

Almost half of Transneft's pipelines are old. Head of Transneft Nikolai Tokarev said this in an interview with the Energeticheskaya politika magazine.

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Transneft to pump over 60 million tons of oil to Surgutneftegaz

Transneft has signed a contract with Surgutneftegaz for transportation of 61.4 million tons of oil.

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Russia: Investments in oil pipeline infrastructure are declining

The incident with supply of contaminated oil through the Druzhba oil pipeline in spring of 2019 showed that there were certain problems in the oil transport infrastructure.

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Transneft to pay 50% of profits

In 2020, Transneft intends to change its dividend policy and set dividends at the level of 50% of its normalized net profit.

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Transneft earned over 790 billion rubles in January-September 2019

In the first three quarters of the current year, the revenue of Transneft increased by 10.7% and amounted to 792.7 billion rubles.

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Transneft to pump 3 million tons of oil to Komsomolsk refinery this year and 6 million tons in 2020

Transneft plans to pump about 6 million tons of oil through a branch pipeline from ESPO to Rosneft’s Komsomolsk oil refinery in 2020.

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ESPO oil pipeline reaches its full capacity

On Wednesday, Transneft brought the Eastern Siberia-Pacific Ocean oil pipeline system to its maximum design capacity.

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Transneft and KazTransOil have discussed oil transportation to Europe and China, as well as compensation for Druzhba incident

Transneft and KazTransOil have discussed issues of cooperation in the framework of oil transit, as well as compensation to Kazakh oil companies for substandard oil in the Druzhba main oil pipeline.

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Transneft Siberia has built new treatment facilities at Illichivka pumping station and LPDS

Transneft Siberia completed the construction and commissioned the treatment facilities at the Illichivka oil pumping station (NPS) and the Aprelskaya linear production dispatching station (LPDS).

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Transneft to bring ESPO to full capacity today

On November 27th, Transneft will bring the Eastern Siberia-Pacific Ocean pipeline system to its maximum design capacity.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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