Transneft is a Russian state-owned company that operates the largest network of oil pipelines in the world. It was established in 1993 and is headquartered in Moscow, Russia. The company's main objective is to transport oil and petroleum products from oil fields and refineries to domestic and international markets.

Transneft owns and operates more than 50,000 kilometers of pipelines across Russia, connecting major oil-producing regions with export terminals and refineries. The company's infrastructure includes tank farms, pump stations, and loading terminals, providing a seamless and efficient transport system. Apart from its core pipeline operations, Transneft also offers a range of related services.

These include storage, product quality control, oil spill response, and maintenance of the pipeline network. Additionally, the company provides consulting services and technical expertise to other oil transportation companies around the world. On a global scale, Transneft has established several subsidiaries and joint ventures to expand its reach and strengthen its operations.

One notable subsidiary is the Transneft Diascan, which specializes in pipeline diagnostics and inspection services. Another important joint venture is the Caspian Pipeline Consortium, where Transneft partners with international oil companies to transport oil from Kazakhstan to the Russian Black Sea coast. Transneft holds a dominant position in the global oil transportation market.

Its extensive pipeline network and strategic partnerships enable it to transport large volumes of oil efficiently. The company faces competition from other global oil transportation companies like Gazprom Neft and Rosneft, but it consistently maintains its leading position. In recent years, Transneft has focused on modernizing its pipeline infrastructure and adopting advanced technologies to improve efficiency and ensure safe operations.

The company has also been involved in ambitious projects, such as the East Siberia-Pacific Ocean pipeline, which aims to increase oil exports to Asia. As of the latest updates, Transneft continues to play a vital role in the global oil industry. It remains a key player in the transportation and export of Russian oil, contributing to the country's economic growth and energy security