Pipeliners

13 September 2007 - Upstream OnLine - Yuri Lisin, a vice-president of Russian oil pipeline monopoly Transneft, has been named the company's acting head, Sergei Grigoryev, also a vice president of the company said today. Russian President Vladimir Putin on Tuesday named Transneft chief Semyon Vainshtok to head a state corporation preparing for Russia's 2014 Winter Olympics in Sochi. "Lisin is an interim company head. Vainshtok's contract would have expired on 13 September, and so he had to leave someone to replace him," Grigoryev told Reuters. "Lisin is a professional engineer." "As we understand, the process of agreeing on a candidacy of the new company head is under way right now," he said. "It is being negotiated with the economy ministry and property ministry. We do not know who this person will be."