Transneft, TMK receive proposals on modernization of pipes in Africa — minister

Business & Economy July 27, 2023, 18:08

Russian companies already have some positive experience in construction and reconstruction of pipelines in Algeria, Nikolay Shulginov noted

ST. PETERSBURG, July 27. /TASS/. Transneft and TMK considered a number of proposals on modernization of pipelines in Africa, Russian Energy Minister Nikolay Shulginov said in an interview with TASS on the eve of the Russia-Africa summit, adding that the Russian companies have done some groundwork already.

"Transneft and TMK received proposals on modernization of pipelines in Africa, they have already done some groundwork," he said.

Russian companies already have some positive experience in construction and reconstruction of pipelines in Algeria, and Moscow plans to use competences in this area in other African countries as well, the minister added.

The second Russia-Africa summit is taking place in the Russian city of St. Petersburg on July 27-28, with an economic and humanitarian forum being held concurrently. This time, same as in 2019 when the first such summit was held in Sochi, the motto is ‘For Peace, Security, and Development’. Roscongress Foundation is the organizer of the event. TASS is the photo hosting agency and information partner of the summit and the forum, and it also holds the second Russia-Africa media forum.

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