Petroleum transport operators of Russia, Slovakia, Hungary, Poland, and Belarus want to create their own association



2014/12/11 • News

On December 11, 2014, AK Transneft OJSC, Transpetrol (Slovakia), Gomeltransneft Druzhba (Belarus), Przyjaźń (Poland), MOL (Hungary), and MERO CR (Czech Republic) met in Prague to sign a memorandum on the creation of a quadripartite Association of European petroleum transport companies. This was stated on the Transneft’s website.

“The Association, or the so-called European Pipeline Club, will be a discussion forum for pipeline companies in Europe and Kazakhstan.” said the President of AK Transneft OJSC, Nikolai Tokarev, who signed the document as the representative of Russia.

The club was formed to coordinate more efficient development of petroleum transport systems of companies from member-countries. In addition, the purpose of its creation is to enhance the stability of international petroleum transport. In future, it is expected that companies operating pipeline networks in Poland, Germany and Kazakhstan will become members of the club.

Translated by: Christine Chraibi

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  • Rascalndear

    Interesting that the main link between them and Russia, Ukraine, is not part of the club…

  • George

    And they trust Russia in signing agreement documents?

    • LorCanada

      They shouldn’t!
      ;- )

  • Michel Cloarec

    Same argument as George. If Russia is involved, it is automatically something “fishee”
    meaning they are out to fool more businesses firms !

    • LorCanada

      That’s how they – Mafia head Putin and his gang – became billionaires.