Transneft reported a decline in the volume of oil and petroleum product transportation in the first half of 2026, which is due to reduced oil refining at refineries and exports of petroleum products. Company did not disclose the exact volumes.

Transneft’s deal to purchase a stake in a company linked to the state involved acquiring 7.52% of Gazprombank for ₽40 billion, RBC has learned. Experts say the deal may have a broader meaning than a typical market investment.

Transneft’s net profit under IFRS for 6 months of 2026 amounted to ₽157.2 billion, which is 2.6% lower compared to ₽161.4 billion in the previous year. Revenue increased by 2.9% to ₽740.07 billion, compared to ₽719.54 billion a year earlier.

Transneft acquired 7.52% of voting shares in a public company from the government for ₽40 billion. Transneft did not specify which company was involved.