If someone is interested in the solution, here is how I do it:
ContactsModule module = (ContactsModule)outlookObj.ActiveExplorer().NavigationPane.Modules.GetNavigationModule(OlNavigationModuleType.olModuleContacts);
foreach (NavigationGroup navigationGroup in module.NavigationGroups) {
foreach (NavigationFolder navigationFolder in navigationGroup.NavigationFolders) {
foreach (var item in navigationFolder.Folder.Items) {
// Found Folders are: Contacts, Suggested Contacts and Shared Contact Folders
// Import/Read ContactItems
...
}