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2006 November 17   09:11

Rosmorport proposes 5-year lease agreements for Russian ports

Rosmorport has developed the proposal on berth lease agreement to be concluded for 5 years, Yury Parfeonov, Director General of Rosmorport FSUE, said yesterday at the press conference in Saint Petersburg.  The document has been sent to Rosimushchestvo and Rosmorrechflot for approval. “Our proposal conforms to current legislation, but it should be approved as well,” Parfeonov says. Rosmorport is currently carrying out evaluation of the property and calculates possible rates of lease payments  based on 5-year lease period. According to Parfeonov, all the issues related to lease agreements in the port of Saint Petersburg may be solved by December 15.

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