Transneft is a state-controlled oil pipeline company headquartered in Moscow, Russia. It is the world's largest oil pipeline company. , it operated over 70000 km of trunk pipelines and transported about 80% of oil and 30% of oil products produced in Russia.[2][3]
History
The Government of the Russian Federation established Transneft on 14 August 1993, and the Moscow Registration Chamber registered it on 26 August 1993.[3]
Semyon Vainshtok headed Transneft from 13 September 1999 to 11 September 2007.[4]
In 2008, Transnefteproduct, a company transporting refined oil products, was merged into Transneft.[11]