Interfax reported that the board of Russian state owned pipeline monopoly Transneft will on January 16 discuss the management board.

Transneft said the agenda has only one item confirming the composition of the management board.

Transneft said earlier it would be replacing its first vice president. Mr Maxim Grishanin took over from Mr Mikhail Arustamov in the post on January 1. Mr Arustamov remained with Transneft as advisor to the president.

Mr Arustamov is still on the management board. The board also includes President Mr Nikolai Tokarev vice presidents Mr Yuri Lisin, Mr Maxim Grishanin, Mr Mikhail Barkov, Mr Anatoly Bezverkhov, Mr Boris Korol, Mr Pavel Revel-Muroz, Deputy Vice President Mr Sergei Khadyrkin and Dispatch Department Chief Mr Yuri Kritskiy.

(Sourced from Interfax)