CORRECT: Transneft Board Approves Ru189b of Investments in 2014

(Corrects government plan to freeze tariff growth in 2nd bullet) *Board approved spending Ru150b on crude pipelines, Ru39b on product pipelines, co. says in statement on website * Co. may review investments on govt. plan to freeze tariff growth * Board approved spending Ru500b in 2014-2018 in Sept. 10 meeting * Plan includes Ru74b for expanding ESPO pipeline to China * NOTE: Rosneft signed $270b supply deal with CNPC in June that will double supplies via ESPO link at Skovorodino

To contact the reporter on this story: Jake Rudnitsky in Moscow at jrudnitsky@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.