APA-Economics reports quoting Dagestan State Television that Russia’s Transneft Company intends to extend receiving capacity of the Makhachkala seaport to transport oil transporting via Makhachkala-Novorossiysk pipeline.
Russia intends to transport Turkmen and Kazakh oil via this pipeline. Transneft has started negotiations with Trafigura Company. This company will transport Turkmen oil via this pipeline.