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Transoil

Company

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Content

The company began its activities in 2003, provides forwarding services. Specializes in organizing railway transportation of oil cargo. It has its own fleet of locomotives and tank cars. The company's activities cover the entire network of Russian Railways, the railways of the Baltic countries, the CIS and China. By the beginning of 2006, branches were opened in the Leningrad, Arkhangelsk regions, the Komi Republic, the cities of Samara and Irkutsk, the plans are to open a branch in Omsk.

History

2023: Tank car buyback amid shortages

As it became known on February 3, 2023, the three largest oil fleet operators in Russia bought 22 thousand tanks amid their shortage. We are talking about Transoil, Neftetransservice (NTS) and RailGo, which previously rented tanks from Atlanta and Brunswick Rail.

According to Kommersant, Transoil and RailGo bought about 8 thousand tanks each, and NTS - about 6 thousand. According to the source of the publication, Atlant left the oil loading segment: the cars were with buyers in a long-term lease. RailGo confirmed the deal and noted the following:

The three largest oil fleet operators in Russia bought 22 thousand tanks amid their shortage
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Before the transaction was implemented, the fleet of cars was already operated by our company under a long-term lease agreement and at the moment continues to work at the same landfills. The cargo base has not changed, there was only a change of ownership.
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The head of Infoline Analytics, Mikhail Burmistrov, in a conversation with the publication, said that by the beginning of February 2023, Russia had an acute shortage of gasoline tanks. The tank fleet involved in transportation in December 2022 amounted to a record 172.1 thousand units, or 92.3% of the total fleet. He explains that the tank farm at most refineries is limited and tanks are often used as storage facilities on wheels, so as not to change the production program of the refinery while reducing demand (oil products will also be stored in terminal tanks or on tankers).

At the same time, in the current situation, while new routes for the export of petroleum products under the conditions of sanctions have not been rebuilt, many market participants consider it risky to order new tanks. For operating companies in the current situation, according to Burmistrov, it is reasonable to leave the fleet of oil tankers and invest in more predictable segments of the rolling stock market.[1]

Notes