Thursday, October 13, 2016

Expert: cancellation of the agreement of the Russian Federation and Ukraine on the pipelines is a formality – TASS

KIEV, October 13. /TASS/. Termination of the agreement between Ukraine and the Russian Federation about interaction at operation of main oil pipelines is a formal decision and will not lead to any consequences. Comments about this to the correspondent of TASS said the Director of consulting group A-95 Sergei Kuyun.

“This is a purely formal solution. Russia previously simply carried out the maintenance of their pipelines, they were sold to the Swiss company, while one of them was canned ten years ago,” said Kuyun. According to experts, the current oil pipeline Samara – West direction from June this year, resumed work on it, as before, is supplied diesel fuel to Ukrainian consumers.

Earlier, Prime Minister Dmitry Medvedev ordered to stop the operation of the intergovernmental agreement. It was signed on 26 July 1995 in Moscow, included, in particular, that the oil pipelines Samara – the Western direction and Grozny – Armavir – Labour, passing on the territory of Ukraine, operated by the subsidiaries of Transnefteproduct (100% ordinary shares of JSC “AK “Transnefteproduct” contributed to the authorized capital of PJSC “Transneft”).

In February 2016 areas, passing through the territory of Ukraine, were sold to PJSC “Transneft” the Swiss company with International Trading Partners AG. The transaction was approved by the FAS of Russia on 16 October 2015 and the Antimonopoly Committee of Ukraine of 22 December 2015. In this regard, the Russian side considered it inappropriate their continued participation in the agreement.

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