Integrating LoadRunner C with Python

Are there any recommended guide lines on how to integrate a python script with loaadrunner c.
Specfically after a web_reg_save_param, my script saves a character string output. This output has to be massaged (escaping double quotes, making each line a string, terminating with a ;)and then fed as input to the next web service.
Using Python I have been able to get this done. I'd rather not use the system command to do this from the loadrunner c script since that will then become a bottleneck when running with high load.