Transneft working on alternative schemes of mutual settlements with China - Tokarev

MOSCOW. Sept 5 (Interfax) - Transneft is studying the possibility of alternative schemes of mutual settlements with Chinese partners.

"In conditions of sanctions, we continue our interactions with foreign colleagues and are looking at new geographic vectors of partnership. Mechanisms are being set up that will allow us to work normally in international markets in terms of financial and logistics support. In particular, we are looking at the issue of creating alternative schemes of mutual settlements with China," Transneft chief Nikolai Tokarev said.