IAOT to invite oil companies of China, Brazil and Mexico to join

The fourth meeting of the Management Board of International Association of Oil Transporters took place in Moscow in the period from September 03 to September 05, 2015. The program included visiting production facilities of Transneft, PJSC.

On September 04, 2015, Nikolay Tokarev, President of Transneft, PJSC, chaired the meeting of the Governing Board of the International Association of Oil Transporters. The Board approved the Membership application of KazTransOil, JSC. Further were established permanent expert working groups for Energy Efficiency and for Supplies.

During the meeting, Transpetrol, a. s., and MERO ČR, a. s., signed an  agreement on relationship in the field of oil trunk pipelines operation. Besides, members of the IAOT agreed to invite oil companies of China, Brazil and Mexico to become members of the Association.

Roman Sidorak, Acting General Director of JSC Ukrtransnafta, was another new face to show up at the meeting side by side with his peers from the East European oil majors. The members of IAOT invited the Ukrainian company to join the Association. In his turn Roman Sidorak explained that the purpose of his visit was to get a better idea about  the association activities and then to consider the possibility of joining.

The next meeting of the Management Board of International Association of Oil Transporters is scheduled for 23.–24. 4. 2016 in Bratislava.

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