Transneft (Russian: Транснефть; traded as: MCX: TRNFP) is a Russian state-controlled business responsible for the national oil pipelines. It was founded in 1993 and owns the largest oil pipeline system in the world, with a total network length of almost 50,000 kilometres (31,000 mi). Transneft transports about 93% of the oil produced in Russia. The company is headquartered in Moscow and led by Nikolay Tokarev.
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