Transneft is the largest oil pipeline company in the world, a Russian state operator of oil and petroleum product trunk pipelines. Transneft transports over 80% of crude and 30% of light petroleum products produced in Russia. The Company operates 68,300 km of trunk pipelines, over 24 million cubic meters of storage tank capacity and more than 500 pumping stations. The Company’s trunk pipeline system connects Russian oilfields and refineries with consumers in the territory of the Russian Federation, as well as in neighboring countries and beyond.