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KPMG: Transneft Tariff Remains One of Lowest in World

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The weighted average tariff of PJSC Transneft in 2018-2019, calculated for 100 tkm of oil turnover, was more than two times lower than the median value for comparable companies: $ 0.87 versus $ 2.13

This follows from a review of the performance indicators of the Russian monopoly and foreign analogues, prepared by the consulting company KPMG.

“This value of the tariff is one of the lowest among the companies involved in pipeline transportation of oil,” the consultant notes.

Comparison according to the weighted average tariff per 100 tkm allows to take into account the factor of differences in the length of the transportation leverage from oil receiving points to delivery points and to minimize the error due to differences in the scale of companies, the report explains.

KPMG’s final survey included 62 foreign companies.

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