OAO Stroytransgaz (russian: Стройтрансгаз) is a Russian engineering construction company in the field of
oil and gas industry
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest ...
. The company was founded in 1990. It was originally a subsidiary of
Gazprom
PJSC Gazprom ( rus, Газпром, , ɡɐzˈprom) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the larges ...
, but now controlled by
Gennady Timchenko
Gennady Nikolayevich Timchenko (russian: Геннадий Николаевич Тимченко, ''also spelled'' Guennadi Timtchenko; born 9 November 1952) is a Russian oligarch and billionaire businessman. He founded and owns the private inv ...
though his
Volga Group
Volga Group is a privately held investment vehicle that manages assets on behalf of the businessman Gennady Timchenko.
History
Volga Group was established as Volga Resources in 2007, and renamed as Volga Group in June 2013. The group consolid ...
SICAV SIF SA fund.
The company has been added to the
Specially Designated Nationals List
The Specially Designated Nationals and Blocked Persons List, also known as the SDN List, is a United States government sanctions/embargo measure targeting U.S.-designated terrorists, officials and beneficiaries of certain authoritarian regimes, a ...
on the
US Department of the Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and ...
site because of connections to the
2014 Crimean crisis
In February and March 2014, Russia invaded and subsequently annexed the Crimean Peninsula from Ukraine. This event took place in the aftermath of the Revolution of Dignity and is part of the wider Russo-Ukrainian War.
The Revolution of Dign ...
.
Operations
The company is involved in the engineering and construction of pipeline systems, oil and gas production facilities, underground gas storages, power stations, as well as civil and industrial structures and facilities. In addition to Russia, the company is active in the
CIS countries
The Commonwealth of Independent States (CIS) is a regional intergovernmental organization in Eurasia. It was formed following the dissolution of the Soviet Union in 1991. It covers an area of and has an estimated population of 239,796,010. ...
, in the
Middle East
The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabian Peninsula, Arabia (including the Arabian Peninsula and Bahrain), Anatolia, Asia Minor (Asian part of Turkey except Hatay Pro ...
, Turkey, India, Algeria, Germany and Greece. It is involved in the construction of the
Arab Gas Pipeline
The Arab Gas Pipeline is a natural gas pipeline in the Middle East. It originates near Arish in the Sinai Peninsula and was built to export Egyptian natural gas to Jordan, Syria, and Lebanon, with branch underwater and overland pipelines to and ...
, the
Taweelah–Fujairah gas pipeline, and the
Central Asia–China gas pipeline
The Central Asia–China gas pipeline (known also as Turkmenistan–China gas pipeline) is a natural gas pipeline system from Central Asia to Xinjiang in the People's Republic of China. By connecting Turkmenistan to China’s domestic grid, this ...
.
References
{{reflist
External links
Company website
Engineering companies of Russia
Gazprom subsidiaries
Manufacturing companies of the Soviet Union
Companies based in Moscow
Russian companies established in 1990
Manufacturing companies established in 1990
Russian entities subject to the U.S. Department of the Treasury sanctions