Ranking Profile - AK Transneft

Introduction

AK Transneft (Transneft) is a midstream oil and gas company. It transports crude oil and refined petroleum products through trunk pipelines in Russia and other countries. The company also carries out preventive maintenance, diagnostic, and emergency response and recovery work on trunk pipelines; interacts with pipeline transport companies in other countries on the transportation of oil and oil products; and raises funds for the extension and reconstruction of facilities. It also works for the integrated development of the network of trunk pipelines and other pipeline facilities. Transneft provides oil storage services. It has operations in various countries including Russia, Kazakhstan, and Republic of Belarus. Transneft is headquartered in Moscow, Russia.