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Russia: Lavrov signs deal to boost Transneft on international market

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Russia: Lavrov signs deal to boost Transneft on international market

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Russia’s Foreign Ministry and the country’s oil pipeline operator Transneft signed a cooperation agreement in Moscow on Monday, in a bid to boost the company on the international market. The document was signed by Transneft President Nikolai Tokarev and Foreign Minister Sergei Lavrov in order to ‘help Russian business” abroad.

SOT, Sergei Lavrov, Russian Foreign Minister (Russian): “Competition on the world markets is enhanced by the use of unfair methods, growing protectionism, new closed trading and economic blocks appear. All this requires the strengthening of economic diplomacy to help Russian business, its activities abroad is one of the absolute priorities of Russian diplomacy. ”

SOT, Sergei Lavrov, Russian Foreign Minister (Russian): “There is a need to strengthen cooperation between the Foreign Ministry and leaders of Russian business, including oil and gas, in line with the foreign policy doctrine of the Russian Federation. We provide diplomatic support on a systematic basis to different projects being implemented with Russian participation. Of course, we welcome the extension of business ties in the energy sector of Russia with foreign partners.”

SOT, Nikolai Tokarev, President of Transneft, (Russian): “[Document signed today] is very significant because it suggests that the relationship between Transneft and the Ministry of Foreign Affairs was elevated to a new level.”

SOT, Nikolai Tokarev, President, Transneft, (Russian): “With Transneft, the Foreign Ministry gets a reliable partner who is always ready to lend a hand in addressing issues of international energy cooperation, diplomats can always rely on us and get the help of competent professionals and support for all types of cooperation.”

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