Transneft replaces utility pipelines at Buguruslan pipeline management dept

JSC Transneft-Privolga has completed the upgrade of the utility pipelines at the Bavly and Krotovka line operations control stations of the Buguruslan district pipeline management department, the company informed.

The works were conducted under the program of retooling and modernization of facilities from April 2018 to July 2019 with the aim of ensuring trouble-free operation and environmental security of the oil trunk pipelines and production facilities of Transneft-Privolga.

Transneft-Privolga, a subsidiary of Transneft, is the operator of the main oil pipelines in the Republic of Tatarstan, Orenburg, Samara, Saratov, Volgograd and Rostov regions. The company is headquartered in Samara.

PJSC Transneft (tax number: 7706061801) is the monopolist in Russia's market of oil export deliveries using pipelines. Transneft Group has the world's largest system of the oil pipelines amounting to 48.505 thousand km.

The company's authorized capital is RUB 7.249 million. It consists of 5,649,468 common and 1,554,875 preferred shares with a face value of 1 ruble.