European Pipeline Club set up to strengthen stability of oil transportation

Transneft Chairman Nikolay Tokarev

Transneft Chairman Nikolay Tokarev

European Pipeline Club: Russia’s Transneft, Slovakia’s Transpetrol, Belarus’s Gomeltransneft Friendship, Poland’s Przyjazn, Hungary’s MOL and the Czech Republic’s MERO CR last week agreed to establish the European Pipeline Club as a discussion forum for pipeline companies working in Europe. The club will assist in coordinating the efficient development of oil transport systems and strengthen the stability of the international oil transportation. It is anticipated that companies operating pipeline system in Poland, Germany and Kazakhstan will also eventually join. Interfax