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

Before it's here, it's on the Bloomberg Terminal. LEARN MORE