Transneft expects 2026 oil exports to match 2024 levels
5/28/2026, 11:25 AM • Богдан Семичев

The Russian pipeline monopoly Transneft expects oil export volumes through its transportation network in 2026 to remain steady and match the levels recorded in 2024. This was officially stated by the head of the corporation, Nikolai Tokarev, as reported by the Interfax news agency. The executive emphasized that current crude shipments to foreign markets demonstrate high resilience and predictability despite external economic challenges. Following these announcements, the company's shares reacted with a modest gain, rising by more than one and a half percent.
In addition to overall transit volumes, the company's management shared strategic development plans for the Far Eastern route, which plays a pivotal role in shifting energy flows. Specifically, the port of Kozmino is projected to reach an annual oil transshipment capacity of 50 million tons in the foreseeable future. Tokarev did not specify a concrete timeline for this ambitious initiative, noting that while the terminal's expansion is included in long-term agendas, the project still demands highly meticulous and thorough engineering and economic evaluation. Regarding financial policy and investor relations, Transneft aims to keep its 2025 dividend payouts roughly on par with the 2024 distributions. The difference between these payouts is expected to be minimal, ensuring a stable and predictable yield for the monopoly's shareholders.
