Transneft definition

Transneft which shall perform, inter alia, the following functions: shall enter into oil transporting services agreements (contracts) with the oil consignors (oil owners) on the transportation of oil from production areas to the port of Alexandroupolis, shall form the oil flows along the entire transit route, shall manage the dispatcher services, shall elaborate and implement the schedules of supply and loading (unloading) of oil tankers at oil loading terminals, as well as schedules of oil transit through the system of the oil trunk pipelines. The Russian Party, in accordance with the request of oil consignors - oil-producing companies, shall ensure that the oil shipment volumes transported through the Oil Pipeline are included in the schedules of oil transit through the system of the oil trunk pipelines, approved in accordance with the procedure established by the Russian Party. The right of ownership to the oil transported through the Oil Pipeline shall be retained by the oil consignors, in accordance with the provisions of the relevant commercial agreements (contracts).
Sample 1
Transneft. ’ means OAO AK TRANSNEFT, which has its registered o⁄ce in Moscow, Russia.
Sample 1

Examples of Transneft in a sentence

  • Transneft diverted the oil shipments to its own Baltic Pipeline System and the Russian port of Primorsk, which it controls.

  • In addition to increasing control over oil production, the government controls Russia’s oil and refined product pipelines, through the state firm Transneft.

  • The Tribunal further observes that in the years following the execution of the JVA and the Concession by SakNavtobi and Transneft, respectively, Georgia never protested nor claimed that these agreements were illegal under Georgian law.

  • At the end of July 2006, the Russian government-owned oil transport company Transneft announced that the part of the Druzhba oil pipeline that supplies Mazeikiai was temporarily shutting down for repairs following an oil leak.

  • For example, Transneft is the largest shareholder in the Caspian Pipeline Consortium (CPC).

  • Transneft claims that there is no demand for using Ventspils, a claim viewed with skepticism by outside observers.

  • Bottlenecks in the Transneft system prevent its export capacity from meeting oil producers’ export ambitions.

  • The Transneft pipeline monopoly diverted the flow of oil shipments to Primorsk, a Russian port, stopping flow to the Latvian port of Ventspils.

  • OAO AK Transneft has set the protection of the life and health of its employees as well as the creation of safe working conditions for them as its highest priority.

  • OAO AK Transneft pays considerable attention to comprehensive development of its trunk pipeline network, promotion of scientific and technical progress, and implementation of new equipment and technology.

Related to Transneft

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  • snippet means the Guarantee and Collateral Agreement, as amended, supplemented or otherwise modified from time to time, in the form of Exhibit E, among Holdings, the Borrower, each Subsidiary Loan Party and the Administrative Agent.","snippetLinks":[{"key":"guarantee-and-collateral-agreement","type":"clause","offset":[10,44]},{"key":"as-amended","type":"definition","offset":[46,56]},{"key":"otherwise- modified","type":"clause","offset":[74,92]},{"key":"from-time-to-time","type":"clause","offset":[93,110]},{"key":"form-of","type":"clause","offset":[119,126]},{"key":"exhibit-e","type":"clause","offset":[127,136]},{"key":"holdings","type":"clause","offset":[144,152]},{"key":"the-borrower","type":"clause","offset":[154,166]},{"key":"subsidiary-loan- party","type":"definition","offset":[173,194]},{"key":"the-administrative-agent","type":"clause","offset":[199,223]}],"hash":"61aabf5edc0e717dd017e870877aba2d","id":5},{"size":55,"samples":[{"uri":"/contracts/dcqI4XJ9kpY#collateral-agreement","label":"Credit Agreement (AGA Medical Holdings, Inc.)","score":21},

  • HK Company shall have the meaning ascribed to it in the preamble of this Agreement.

  • MTS means the San Diego Metropolitan Transit System, a public agency created pursuant to Public Utilities Code Section 120050 et seq.

  • RSMML or “COMPANY” shall mean “Rajasthan State Mines & Minerals Limited,” having its registered office at C - 89-90, Lal Kothi Scheme, Jaipur (Rajasthan) 302 015, and Corporate Office at 4, Meera Marg, Udaipur (Rajasthan) including its successors in office and assignees or its representatives authorized to act on its behalf for the purpose of contract.

  • AASHTO means the American Association of State Highway and Transportation Officials.

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  • hostel means a place of residence for the students of the University, or its colleges, institutions and study centers, established or recognized to be as such by the University;

  • Training manager means the individual responsible for administering a training program and monitoring the performance of principal instructors and guest instructors.

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  • TELRIC means Total Element Long-Run Incremental Cost.

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  • Amateur radio operator means a person licensed by the Federal Communications Commission to engage in private and experimental two-way radio operation on the amateur band radio frequencies.

  • ChinaClear means China Securities Depository and Clearing Corporation Limited.

  • MMC means mine methane capture.

  • ATS means an alternative trading system, as defined in Rule 300(a)(1) of Regulation ATS under the Exchange Act.

  • TSO means the CCR Hansa TSO(s) unless it is explicitly otherwise stated.

  • Clergy means any regularly licensed or ordained minister, priest, or rabbi of any church or religious denomination, whether acting in an individual capacity or as an employee or agent of any public or private organization or institution.

  • APS means the Australian Public Service.

  • HKFE means the Hong Kong Futures Exchange Limited.

  • nominee company means a corporate body registered or having an established place of business in England and Wales which holds title to property for another;

  • DfE means Department for Education;

  • ASA means the Auction Settlement Amount (or Cash Settlement Amount, as the case may be) determined under the Credit Default Swap Transaction;

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