Date: 4 weeks ago   Category: Energy

Rosneft has supported reduction of tariffs of Transneft after repayment of the credit from China — Rambler News Service


Photo: Svetlana Mayorova/tass Rosneft supports reduction of tariffs of Transneft after repayment by petrotransport company of the credit from China of $10 billion, it is said in the statement of Rosneft. "We with great satisfaction have apprehended information on early repayment with Transneft of the foreign credits that, in our opinion, has to lead to reduction of tariffs. The idea of situational unilateral revision of basic parameters of cooperation, according to us, doesn't reflect strategic objectives on entry of the Russian companies into the markets of the Pacific Rim and also doesn't correspond to the current legislation" — it is said in the statement. The company has also noted that Rosneft was the first Russian company which has signed long-term contracts with the Chinese side. "Rosneft has undertaken obligations for providing the credits obtained by Transneft for construction of ESPO. Thus, without Rosneft ESPO simply wouldn't be as no other company capable to undertake such obligations, existed. Cooperation of Transneft and Rosneft has allowed to provide financing, and then and successful operation of ESPO. We hope that this cooperation will continue" — it is said in the statement. Earlier the head of Transneft Nikolay Tokarev in an interview to the Ekspert magazine has reported that Transneft has ahead of schedule repaid the loan for $10 billion attracted at China in 2009. According to the agreement signed in April, 2009, China has provided to the Russian companies "Rosneft" and "Transneft" the credit of $25 billion for 20 years under export of oil of 15 million tons per year. Transneft has received $10 billion from this credit.

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