Russian Operator Denies Reports of Losing Tartous Port Contract

STG Engineering has denied reports of losing its contract for the management of Tartous port, asserting that operations continue as normal. The company emphasizes contractual obligations that require formal annulment processes. Any statements suggesting otherwise lack legitimate basis, according to the firm.

STG Engineering, the Russian operator of Syria’s Tartous commercial port, has refuted claims that it has lost its contract amid suggestions by certain media outlets that the agreement was annulled by Syria’s new ruling administration. The company asserted that it continues its operations as per usual and remains under contract, contrary to these reports, which originated from three Syrian businessmen.

In conclusion, STG Engineering maintains that its contract with Tartous port remains intact and has not been annulled, despite conflicting media reports. The company emphasizes that any termination of such a contract would require formal legal procedures confirmed by governmental authorities including both the president and parliament. STG Engineering’s continued management of the port is vital for Russian interests in Syria and the Mediterranean region.

Original Source: www.newarab.com