TNK-BP to Invest Over $40 Million in Varyoganneftegaz Pipelines Reconstruction

TNK-BP takes continuous efforts to ensure pipeline infrastructure integrity; the comprehensive integrity program includes pipeline monitoring, diagnostics, corrosion protection, repair and replacement. Over $1 bn have been allocated for this purpose since 2004.

"The Company is continuously improving its pipeline quality control system, introducing new inspection and corrosion control methods. Our innovative approach ensures maximum control of the pipeline systems' condition and prevents potential loss of containment at a very early stage. It will not only minimize our impact on the environment, but will also reduce our pipeline maintenance costs," said Sergey Karavaev, General Director, OJSC Varyoganneftegaz.