Transneft VP: pragmatism in Russia-U.S. relations defeat political rhetoric

Transneft VP: pragmatism in Russia-U.S. relations defeat political rhetoric

Vice President of Russia's Transneft oil pipeline company Mikhail Margelov is confident that pragmatism and business interests win over heated political rhetoric in Russian-US relations.

"In the current situation, and this was discussed at the forum today, all three companies that support the Fort Ross Dialogue - Transneft, Chevron and Sovkomflot - show that pragmatism wins, and business interests defeat political rhetoric," TASS cited him as saying.

"What we show together with Chevron, with Exxon Mobil, with Shell, in managing and operating the Caspian Pipeline Consortium that delivers Kazakh oil to the port of Novorossiysk, represents, in my opinion, a good example of how a positive economic agenda makes the two groups of officials communicate," he noted, speaking on the sidelines of the annual international Fort Ross Dialogue forum in San Francisco.

The Vice President of Transneft said that the fact that Russian Ambassador to the U.S. Anatoly Antonov, California Governor Jerry Brown, Russia's Novgorod Region Governor Andrey Nikitin, together with members of the Russian State Duma are at the forum shows that even in the uneasy conditions "common sense wins and always finds a way."

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