Transneft Group
Transneft is the largest oil pipeline company in the world, a natural monopoly transporting oil and petroleum products via trunk pipelines in Russia; it is controlled by the state and included in the list of joint stock companies of strategic
Competitive Advantages
- Monopoly over the oil pipeline transportation market.
- Low specific operating expenses compared to rail and water transport.
- Short terms of oil and petroleum products delivery, independent of the speed of their physical movement via the trunk pipeline system.
Development Prospects
In 2020, Transneft continued to implement key projects:
Revamping oil trunk pipelines for transportation of oil to refineries in Krasnodar Territory with the connection of the Afipsky Refinery to the Novovelichkovskaya — Krasnodar oil trunk pipeline

Developing a corporate data communication network to build Transneft’s unified information system

Authorised capital
As of 31 December 2020, the authorised capital of the Company amounted to RUB 7,249,343 (seven million two hundred and forty-nine thousand three hundred and forty-three rubles) and was split into 7,249,343 shares, including:
5,694,468 ordinary shares at par value of RUB 1 each
1,554,875 preferred shares at par value of RUB 1 each