Transoil

LLC Transoil is a railway operator in Russia and was founded in 2003. The company is one of the biggest railway transporters of oil and oil products in Russia.[1] LLC Transoil is based in Saint Petersburg, Russia. LLC Transoil operates 34,000 tanker railcars and 36 locomotives.[2]

Locomotive 2TE116-964 of Russian railway operator Transoil, between stations Tapa and Lehtse, Estonia

Financial

Total sales for the LLC Transoil for the first three quarters of 2012 amounted to 51.1 billion rubles.[1]

LLC Transoil also owns 7.97 percent of the Central Bank of Russia.[3]

Leadership

Vladimir Sokolov is the CEO of LLC Transoil. The board of directors includes Igor Valerievich, Viktor Komanov, Indrek Gusev, Alexey Kuvandykov, Alexander Nazarchuk, and Xenia Frank.[4]

Transportation of light petrochemicals

Since January 2011, LLC Transoil started transportation of light petrochemicals to the Rosneftbunker terminal in the Ust-Luga port in the Leningrad region. Since the start of the service, the total amount of transportation was about 12.1 million tons of heavy oil products. In 2012, the volume of cargo transportation increased by 52%.[5] LLC Transoil won contracts to carry 70% of freight on its tank wagons from Achinsky refinery, and more than 30% of cargo from Angarsk, including petrochemicals.[6]

References

  1. "Businessmen Bokarev, Makhmudov Buy 13% of Transoil From Timchenko" Russia & CIS Business and Financial Newswire, 26 Dec 2012
  2. "Transoil buys first 3 electric locomotives for electrified routes", Russia & CIS Business & Financial Daily, 22 Feb 2013, accessed 13 Mar 2013 via Nexis
  3. "CBR allocates precious metals license to Rossiya Bank", Russia & CIS Business & Financial Daily, 26 Feb 2013, accessed 13 Mar 2013 via Nexis
  4. "Company Overview of Transoil LLC". Bloomberg Businessweek Investing. 30 April 2014. Retrieved 30 April 2014.
  5. "Transoil Started Transportation of Light Petrochemicals to Rosneftbunker Terminal". RZD Partner. April 22, 2013. Retrieved 20 June 2013.
  6. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=106348184
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