Independent journal on economy and transport policy
12:30 GMT+1
This page has been automatically translated by Original news
Pietro Barbaro formalizes joint venture with the Rosneft Russian
the agreement is signed in the course of international the economic Forum of Saint Petersburg
June 21, 2016
The Italian shipowning society Pietro Barbaro and the oil company Russian Rosneft, in occasion of the held international economic Forum last week to Saint Petersburg, has undersigned a joint venture agreement of for the marine liquid bulk transport that in existence sanctions an ulterior intensification of the relations between the two parts. The understanding defines the purchase of the participation in joint venture by the Rosneft through the RN-International projects and the activities of the new society, that it will on behalf operate services of transport of the Russian oil company and its partner.
"The cooperation with the Italian partner - it has explained the Russian group - will allow with Rosneft to strengthen own position in the market tanker, to increase the economic efficiency of own logistic division and therefore to increase the profittabilità of own activities. Moreover it will have an impact on other asset of the society, as those of the shipping, the agenziamento and the brokerage. Moreover the project will have a sinergico effect on the activities of both the parts: Rosneft is one of the total leaders in the production, refining and export of hydrocarbons, while Pietro Barbaro is a partner of long date of the Rosneft and a consolidated company in the field of the marine liquid bulk transport that possesses an own fleet and an important ability in the section of the logistics and hydrocarbon storage".
"Objective municipality of joint venture - Gianni Barbaro has asserted, cofondatore of Pietro Barbaro - is to start a gainful and sustainable activity on service of the logistics of the oil of the Rosneft in the respect of the most elevated international standards with particular attention to the quality, safety and the atmosphere".
Remembering that last year buying the First Shipping the Rosneft group he had acquired the assets of Pietro Barbaro in Russia, the managing director of the Russian company, Igor Sechin, have explained that joint venture represents a new step in the relations with the Italian partner and that the new society will allow with Rosneft "to not only increase own presence in the Russian market, but also of having a remarkable role on the world-wide scene of the shipping".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The Italian shipowning society Pietro Barbaro and the oil company Russian Rosneft, in occasion of the held international economic Forum last week to Saint Petersburg, has undersigned a joint venture agreement of for the marine liquid bulk transport that in existence sanctions an ulterior intensification of the relations between the two parts. The understanding defines the purchase of the participation in joint venture by the Rosneft through the RN-International projects and the activities of the new society, that it will on behalf operate services of transport of the Russian oil company and its partner.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
