Friday, August 24, 2012

Slovak and Russian oil pipeline operators sealed deeper cooperation

On Wednesday (August 22) the Slovak embassy in Moscow hosted a meeting between Slovak and Russian oil pipeline operators. Transpetrol and Transneft signed a memorandum of cooperation and information exchange. It deepens mutual relations in the field of transport and supply of oil via the Druzhba pipeline. 

State-owned Transpetrol explained that the intensification of mutual cooperation will result in higher energy security of Slovakia. 

Nikolai Tokarev, the Chairman of Transneft, said that it is in his company´s interest to fulfill all contracted volumes via Druzhba also in the upcoming years. He also presented an initiative to establish an international club of oil carriers. Slovakia expressed its interest to be a part of it.

“The current lasting trend of decline in transport of oil volumes induced by lowered requests from some customers abroad is another impulse for intensification of process of seeking new possibilities,” said Ivan Krivosudsky, the Chairman of Board of Directors of Transpetrol.

Go west/east

Slovak ambassador in Russia H.E. Jozef Migas praised extraordinarily responsible and positive approach of both partners towards securing of oil supplies for customers in Slovakia and other countries.

Transpetrol also owns 74 % of joint venture Bratislava-Schwechat Pipeline (BSP) which implements the connection between Druzhba pipeline and refinery in Austria. Representatives of BSP also attended the meeting in Moscow. According to Robert Nemcsics, in agreement with another BSP shareholder – OMV company – Transpetrol started a process of monitoring of potential partners for cooperation in this projects and for further oil supplies from Russia.

All participants would like to see prospects of Russian-Slovak energy cooperation to be discussed during upcoming meeting of Intergovernmental Commission on Cooperation in the Economy, Science and Technology which is scheduled for this year.

In June Miroslav Lajcak, the Minister of Foreign Affairs of the Slovak Republic, met with Russian ambassador to Slovakia H.E. Pavel Kuznetsov. „We are interested in a constructive and pragmatic dialogue in all areas without ideologizing our relations,” stated Minister Lajcak. He added: „Slovakia wants to contribute to constructive relations between Brussels and Moscow.“

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