HOUSTON (Sputnik) — The Russian oil pipeline company Transneft will launch with European partners joint production of pumps for long-distance pipelines in the upcoming months, Transneft Vice President Mikhail Margelov told Sputnik on sidelines of the IHS Energy CERAWeek conference in Houston, Texas.
"In the beginning of this year, we will launch together with one of our European partners a joint project of localization of production of pumps for long-distance pipelines," Margelov stated on Tuesday.
