13.3 On Implementation of Investment Programs (order No. ISh-P13-5361 of the First Deputy Prime Minister of the Government of the Russian Federation of September 18, 2009, fax message of Rosimushchestvo No. GN-15/8808 of April 1, 2011 (Order No. 5)
The Investment Program of JSC “Transneft” for 2012 was approved by the Board of Directors of the Company in December 2011 (Minutes No. 18 dated December 15, 2011). In November 2012, the Investment Program was adjusted pursuant to the resolution of the Board of Directors of JSC “Transneft” (Minutes No. 16 dated November 22, 2012). The total adjusted volume of financing for 2012 amounted to 108,327 mln rubles.
The total volume of financing of the Investment Program of the Company in 2012 amounted to 109,036 mln. rubles.