Latvia and Belarus have to negotiate with the Russian company "Transnefteprodukt" the launch of the revers pipeline "Navapolack Ventspils" to transport Venezuelan oil to Belarus.
This was announced at a press conference in Minsk, Ambassador of Latvia in Belarus Michael Popkovs, "Interfax".
"You have to take into account that the pipe itself is owned by" Lattrans "in which two-thirds of the authorized capital belongs to the" Ventspils Oil "and the third — the Russian company" Transnefteprodukt "absolute" daughter "of" Transneft ". According to the charter the Russian shareholders have the right to veto on the work of the pipeline in the revers — said Michael Popkovs. — Must be negotiated with the Russians, that he would approve either sold their shares to a third party who agrees to participate in the project. "
The diplomat added that Latvia would also like to have from Belarus guarantee long-term development of this project.
The Belarusian side wants to sign a contract for a trial prapampovvanne Venezuelan oil to revers the northern branch of the oil pipeline "Druzhba".