Chevron signs protocol of intent with Transneft to consider joint participation

The US company Chevron has signed a protocol of intent with Transneft, the economic news agency PRIME-TASS learnt at Chevron.

According to the protocol, the sides agreed to consider the possibility of joint participation in the projects connected with the designing, construction and use of the pipeline infrastructure in Russia and abroad.

Besides, to ensure the stability of deliveries of oil and oil products at international markets, the sides will study+ the possibility of cooperation within the framework international pipeline projects, including by means of creating joint ventures and commercial structures.

Source:Portnews