Institute of Oil Transportation

Institute of Oil Transportation

Type	JSC
Founded	1944
Headquarters	Kiev (Ukraine)
Key people	Viktor Zavorotniy (Chairman of the Board) Iryna Karaputa (Head of Foreign Economic Activity & Marketing)
Services	services
Revenue	US$4,2 million (2008)
Number of employees	351
Website	www.iot.kiev.ua

The Institute of Oil Transportation (IOT) is a design and engineering company in Ukraine. It specialises in the transportation, handling, storage and distribution of crude oil and petroleum products in Ukraine and the Commonwealth of Independent States.

History

March 1944 - April 1951 - Ukrainian Branch of "NefteprovodProekt" Trust
April 1951 - May 1958 - Kyiv Branch of "GiproTransNeft" Institute
May 1958 - March 1965 - Kyiv Branch of "GiproTruboprovod" Institute
March 1965 - January 1973 - "YuzhGiproTruboprovod" State Institute
January 1973 - September 1994 - "YuzhGiproNefteprovod" State Institute
September 1994 - September 1995 - Institute of Oil Transportation
Since September 1995 - "Institute of Oil Transportation" (IOT), Public Joint-Stock Company.

Headquarter of Institute of Oil Transportation

Exploratory design, integrated design works and construction engineering support, reconstruction and the updating of main pipelines used for any purpose.
Oil pumping stations, tank farms for oil and oil product storage, petroleum storage depots, onshore and sea trans-shipping complexes, buildings, structures and utilities for pipeline transportation.
Engineering surveys for the design of construction and operation facilities.
Technical inspection of existing facilities including making environmental impact assessments and the development of remedial maintenance, renewal and upgrading recommendations.
Data bank creation based on geoinformation technologies and the safety integrated systems of main pipelines.
Expert and consulting services concerning the functioning and progressing of pipeline transportation.

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