Transneft

Transneft JSC
Native name
Транснефть
Company typePublic (OAO)
MCXTRNFP
IndustryOil and gas
Founded14 August 1993; 31 years ago (1993-08-14)
Headquarters,
Russia
Key people
Nikolay Tokarev (Chairman)
Alexander Novak
(Chairman of the Board of Directors)
ServicesPipeline transport
Revenue$13.3 billion[1] (2020)
$4.38 billion[2][1] (2017; 2020)
$1.84 billion[1] (2020)
Total assets$46.2 billion[1] (2020)
Total equity$30.8 billion[1] (2020)
OwnerRosimushchestvo (78.6%)[3]
Number of employees
506,000 (2023)
SubsidiariesTransnefteproduct
Caspian Pipeline Consortium (31%)[4]
Websitewww.transneft.ru

Joint Stock Company Transneft (Russian: Транснефть) is a state-controlled pipeline transport company headquartered in Moscow, Russia. It is the largest oil pipeline company in the world. The company is operating over 70,000 kilometres (43,000 mi) of trunk pipelines and transports about 80% of oil and 30% of oil products produced in Russia.[5][6][full citation needed]

  1. ^ a b c d e "Transneft - IFRS financial statements 2020" (PDF). Transneft. 30 March 2021. p. 53. Retrieved 30 March 2021.
  2. ^ "Consolidated Financial Statements Prepared In Accordance With International Financial Reporting Standards (Ifrs) And Independent Auditors' Report For The Year Ended 31 December 2017" (PDF). Retrieved 7 November 2018.
  3. ^ "Реестр предприятий, находящихся в собственности РФ, госкорпораций, хозобществ, акции (доли) которых находятся в собственности РФ" [Register of enterprises owned by the Russian Federation, state corporations, business communities, shares (shares) of which are owned by the Russian Federation]. Rosimushchestvo. Retrieved 25 September 2018.
  4. ^ Cite error: The named reference kommersant120118 was invoked but never defined (see the help page).
  5. ^ Soldatkin, Vladimir; Yagova, Olga (20 April 2020). "Russia to extend Transneft chief's contract despite oil contamination crisis". Reuters. Retrieved 9 May 2020.
  6. ^ "Company". Transneft.