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ONHYM and the russian company TRANSNEFT have signed a memorandum of understanding in the hydrocarbons area, including studies, monitoring and maintenance of actual or future transportation and storage infrastructure for crude oil and petroleum products, protection of environment and preventing risks due to transportation and storage of hydrocarbons and training, research and development in the abovementioned areas of cooperation.

The signing ceremony between Ms. Amina Benkhadra and Mr.Mikhail MARGELOV (Vice President of TRANSNEFT ) was held in the presence of Mr. Rabbah, Minister of Energy, Mines and Environment .

TRANSNEFT is a State company of the Federation of Russia, specialized in the provision of hydrocarbon transport, storage, construction and communication. TRANSNEFT is ranked as the world biggest company specialized in the construction of pipelines.

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