Programme for Disposal OF NON-CORE ASSETS

The Programme for Disposal of Non-Core Assets of Transneft Group and the Register of Non-Core Assets of Transneft Group were approved by the resolution of the Board of Directors of Transneft (Minutes No. 17 dated 14 October 2016) under Executive Orders of the Government of the Russian Federation No. 4863p-P13 dated 07 July 2016 and updated by the resolution of the Board of Directors of Transneft (Minutes No. 20 dated 27 December 2017) under Executive Orders of the Government of the Russian Federation No. 6604p-P13 dated 18 September 2017.

During the Programme implementation, 4 non-core assets were disposed. By the resolution of the Board of Directors of Transneft (Minutes No. 7 dated 20 April 2020), the Programme for Disposal of Transneft Group’s Non-Core Assets (the NCA) was declared completed.