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Author : M. Margelov
Vice President, PAO Transneft
The main prerequisite for the IAOT's creation was
the need for it within the industrial community. Oil
transportation is a narrowly specialized sector. It
performs the important function of transporting
oil from sparsely populated production areas to
large agglomerations where oil refining and con-
sumption as fuel and other petrochemical products
are concentrated.
The Russian system of trunk oil pipelines is con-
nected to the national oil pipeline systems of our
foreign partners, and the tasks before the sector are
also common to all transporters.
The Caspian Pipeline Consortium, which brings together companies from Russia and Kaza-
khstan, as well as major international oil companies (Chevron, Shell, Exxon Mobil, ENI), has
observer status in the association and is considering the possibility of upgrading it to full mem-
bership.
The association has created three permanent expert groups: for energy efficiency, supplies and
legal issues. Their performance is reviewed at board meetings.
The association is quite young but we can already talk about certain achievements. The success
of industrial associations hinges on membership benefits for its participants. In this context, I
would like to talk in more detail about the association's expert groups. The permanent experts
group for energy efficiency was created on our initiative at a board meeting in Moscow in Sep-
tember 2015.
The U.S. Senate's legislative initiative seeks to impose sanctions on companies that invest in or
contribute to increasing Russia's capacity in the construction of pipeline infrastructure ensuring
energy export. However, these sanctions do not affect our company. PAO Transneft operates
only in the ruble area and receives payments for the transportation of liquid hydrocarbons in
line with the tariffs established by the Russian Federal Antimonopoly Service (FAS).
Due to its nonprofit nature, the association is not involved in exchanging goods or services and
therefore cannot be a target of sanctions. At the same time, being an independent discussion
platform, it offers an opportunity for jointly addressing issues that may arise in the context of
sanctions.
http://interaffairs.ru
The International Association of Oil Transporters: A Territory of
Professionalism and Trust