New head of Sarmatia International Pipeline Company appointed
Baku, Azerbaijan, Jan.5
By Maksim Tsurkov - Trend:
In accordance with the rotation mechanism provided by the shareholder's agreement, since Jan.1 2016, Mariusz Obszyński became the head of the Sarmatia International Pipeline Company, said the company's message Jan.5.
Vitaliy Baylarbayov, who until very recently served as Chairman of the Management Board continues his work as a member of the board, said the message.
The Ukrainian company Ukrtransnafta and the Polish company PERN Przyjazn established IPE Sarmatia on July 12, 2004.
The participants of Sarmatia are: the State Oil Company of Azerbaijan (SOCAR), Georgian Oil and Gas Corporation Ltd. (GOGC), Ukrainian UkrTransNafta, Polish Przedsiebiorstwo Eksploatacji Rurociagow Naftowych Przyjazn S.A. and Lithuanian AB Klaipedos Nafta. The share of the main participants is 24.75 percent each, while the Lithuanian company has a one percent share.