Revision Commission

The Revision Commission is a permanent elective body that controls financial and operational activities of the Company. Its activities are governed by the Regulations on the Revision Commission of Transneft. The Revision Commission is made up of a minimum of three persons. There were two lists of members of the Revision Commission during the reporting period.

Members of Transneft’s Revision Commission are remunerated in accordance with the Regulations on Remuneration and Compensation for Members of the Revision Commission. No remuneration was paid to members of the Revision Commission in 2020 in relation to the civil service. Members of the Revision Commission did not receive compensation for expenses related to the performance of their functions.

In the reporting year, the Revision Commission’s agenda included the following items:

  • Audit of Transneft’s financial and operational activities;
  • Checking the correctness of calculation, accrual and transfer of dividends for 2019;
  • Analysis of Transneft’s internal regulations governing the Revision Commission’s activities;
  • Audit of the purchases made by Transneft;
  • Monitoring of execution of instructions from the President and the Government of the Russian Federation;
  • Monitoring of disposal of Transneft’s non-core assets;
  • The procedure for revision and update of the Transneft Long-Term Development Programme.

Following the audit of the Company’s financial and operational activities from 1 January 2019 to 31 December 2019, the Revision Commission issued an opinion on the validity of the data contained in the Company’s financial statements and annual report for 2019.

Composition of the Revision Commission of Transneft in 2020
Before 30 September 2020
(the members were elected by the AGM on 30 June 2019 (Order of the Federal Agency for State Property Management  No. 406-r dated 30 June 2019). 		After 30 September 2020
(the members were elected by the AGM on 30 September 2020 (Order of the Federal Agency for State Property Management No. 413-r dated 30 September 2020).
  • Alexander Gladkov (Chairman)
  • Dmitry Vladimirov
  • Pavel Shumov
  • Alexander Gladkov (Chairman), elected on 01 February 2021
  • Yuri Gusev
  • Nikita Kozhemyakin
  • Alexander Sapunkov
  • Pavel Shumov

The members of the Revision Commission have no shares in the Company’s authorised capital and do not hold any of the Company’s ordinary shares
Members of the Revision Commission in 2020 Position held
Dmitry Vladimirov Deputy Head of the Property Relations Department of the Ministry of Transport of the Russian Federation

Alexander Gladkov

Chairman of the Revision Commission of Transneft

Head of the Oil and Gas Production and Transportation Department of the Ministry of Energy of the Russian Federation.

Director of Projects for Developing Government Relations, Gazprom Neft, PJSC

Yuri Gusev

Member of the Board of Directors, Chairman of the Audit Commission of the Interdepartmental Analytical Centre;

Director for Anti-Corruption Programmes of the Centre for the Development of Corporate Relations Association of Business and Professional Unions

Nikita Kozhemyakin Director of Innovative, Corporate and Privatisation Technologies of the Department of Property Affairs and Privatisation of Major Organisations of the Federal Agency for State Property Management
Alexander Sapunkov Director General of the Federal Centre for Geoecological Systems
Pavel Shumov Deputy Director of the Department for State Regulation of Tariffs and Infrastructural Reforms of the Ministry of Economic Development of the Russian Federation
Revision Commission