The Russian Foreign Ministry has been instructed to
notify the Ukrainian side of this decision.
MOSCOW, October 13. /TASS/. Russian Prime Minister Dmitry Medvedev has decreed to terminate an agreement between the Russian and Ukrainian governments on cooperation in the operation of the main oil product pipelines, says a report posted on the Cabinet’s website on Thursday.
"In accordance with Article 37 of the federal law On the Russian Federation’s international treaties to accept the proposal of the Russian Foreign Ministry and the Russian Energy Ministry on terminating an Agreement between the government of the Russian Federation and the government of Ukraine on cooperation in the operation of the main oil product pipelines signed in Moscow on July 26, 1995. The Russian Foreign Ministry has been instructed to notify the Ukrainian side of this decision," the report said.
It noted that the agreement envisaged that the oil
product pipelines Samara-Western direction and Grozny-Armavir-Trudovaya passing
through Ukraine’s territory is operated by the subsidiaries of JSC
Transnefteproduct (100% of the company’s ordinary shares are part of
Transneft’s equity capital). It is specified that the agreement regulates
certain aspects of the operation of the main oil pipelines.
"In February 2016, the sections running through
Ukraine’s territory were sold by Transneft to Swiss company International
Trading Partners AG. The deal was approved by Russia’s Federal Antimonopoly
Service (FAS) on October 16, 2015, and by Ukraine’s Antimonopoly Committee on
December 22, 2015. In view of this, the Russian side’s involvement in the
Agreement is inexpedient," an explanatory note to the document said.
"In accordance with Article 37 of the federal law
On the Russian Federation’s international treaties the decree terminates the
agreement," the Cabinet said on its website.
Source: ITAR-TASS 13-10-2016
