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Transneft to appeal decision granting Ukraine pipeline ownership
Journal Staff Report

MOSCOW, Nov. 27 - Transneft plans to file an appeal with the Supreme Economic Court of Ukraine against a ruling by the Rivne appellate economic court that recognized Ukraine's ownership rights to sections of the Samara-West and Grozny-Armavir-Trudovaya oil product pipelines that run through its territory, totaling 1,433 km, the adviser to the Russian oil pipeline monopoly's president, Igor Demin told Interfax.

The pipeline sections are owned by Prikarpatzapadtrans, a subsidiary of Russian company Transnefteprodukt, which in turn is a wholly owned subsidiary of Transneft, but the court ruled that they were processed incorrectly.




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