TRANSNEFT STRATEGY
The Transneft Strategy was approved by the Board of Directors of Transneft on 19 November 2014 (Minutes No. 23).
The Company’s goal is to satisfy oil and petroleum products pipeline transportation demand of oil producing and refining companies on the domestic and foreign markets through efficient operation, development and upgrade of the Russian trunk pipeline transport system, based on:
- application of equipment manufactured in Russia;
- application of state-of-the-art sectoral technologies that ensure a high level of reliability, as well as industrial and environmental safety;
- ensuring that revenues from oil and petroleum products transportation are sufficient to implement the Development, Technical Upgrading and Revamping Programme of trunk pipeline facilities.