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Ukrainian news
Russia Breaks Agreement With Ukraine On Exploitation Of Oil-Product Pipelines

Russia Breaks Agreement With Ukraine On Exploitation Of Oil-Product Pipelines

Russia, Ukraine, russian federation, pipelines, oil, exploitation, government

The government of the Russian Federation has broken an agreement with Ukraine on exploitation of main oil-product pipelines dated 26 July 1995.

This is said in resolution of the government of the Russian Federation No.2144 dated October 12, 2016, Ukrainian News Agency reports.

The agreement between Ukraine and the Russian Federation envisaged that main oil-product pipelines Samara - West and Grozny - Armavir - Trudovaya on the territory of Ukraine are exploited by subsidiaries Transnefteprodukt (100% of the shares are included in the statutory capital of Transneft).

As Ukrainian News Agency earlier reported, in early 2016 the Transneft Company (Russia) closed a deal with International Trading Partners (Switzerland) to sell subsidiary PrykarpatZakhidtrans's (Rivne) oil-products pipeline located in Ukraine.

The Rivne Economic Court of Appeals on November 25, 2014 returned into the state ownership 1,433 kilometers of PrykarpatZakhidtrans's parts of the oil-products pipelines Samara-West and Grozny - Armavir - Trudovaya.


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