NCSP strategy rejects separate development of shareholder assets - CEO
MOSCOW. Nov 28 (Interfax) - The growth strategy at Novorossiysk Commercial Sea Port (NCSP) does not envision developing the assets of various shareholders separately within the company, CEO Yury Matvienko said during a conference call on Thursday.
"Management views the entire port as a whole, without any subdivisions. We have no information concerning a 'sort of separation,'" he said.
Transneft President Nikolai Tokarev told journalists earlier that his company was in talks with Ziyavudin Magomedov's Summa Group on optimizing its business at NCSP: Transneft would keep the oil loading terminals and transfer bulk cargos to Summa.
"We and Summa Group are currently considering options for how to live going forward, because the configuration in which we have ended up with our partners in NSCP is not workable. And time has only confirmed that some sort of solutions need to be found," Tokarev said.
