Rus News Journal

Rosneft it is illogical to be converted into court under the contract from the Peoples Republic of China - Shmatko

Moscow, on May, 23rd - News. " Rosneft " and " Transneft " it is illogical to be converted into court on questions at issue of contracts on delivery of the Russian oil to China, the Minister of Energy of the Russian Federation Sergey Shmatko considers.

the Russian companies in the end of March have declared that the Chinese party has unilaterally lowered payment for deliveries of oil on 7 %. " Transneft " in particular, has declared the readiness to bring an action.

" I count that the reference to the court will not be. The reference to the court, especially international, would show that our companies cannot realise arrangement which have been reached at level of the governments of the countries " - the minister believes.