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Transneft Board of Directors’ Meeting Results

Date of publication: 28 February 2020

Today, on 28 February, a visiting session of the Transneft Board of Directors has been held. The meeting was chaired by Energy Minister of the Russian Federation Alexander Novak.

During the session, the Board of Directors considered and took note of the report on procurement operations in Transneft Group, information on the Company's regional policy and other issues.

The members of the Board of Directors visited the buildings of Russian Electric Motors and Transneft Oil Pumps built in the last three years. Since these enterprises were commissioned, the percentage of import substitution in Transneft has increased from 93% to 95%.

Transneft Press Service
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