UKRAINE OFFERED AZERBAIJAN ACCESS TO OIL PIPELINES LEADING TO EUROPE

PanARMENIAN.Net
27.12.2006 13:46 GMT+04:00

/PanARMENIAN.Net/ Ukrainian Prime Minister Victor Yanukovich
offered Azerbaijan access to the Ukrainian oil pipelines leading
to Europe. "Ukraine is interested in organization of light Caspian
oil via the Baku-Supsa-Odessa-Europe route and participation of
Azeri companies in the project," Yanukovich said at a meeting with
Azerbaijan’s Prime Minister Artur Rasizade. For his part Ukrainian
Minister of Fuel and Energy Yuri Boyko explained that Azerbaijan
annually intensifies oil output with 6-7 million tons and needs extra
ways of transportation. He backed Azerbaijan’s participation in the
joint venture that will own the Odessa-Brody oil pipeline.

Yanukovich said Ukraine is capable to ensure the oil quality. Presently
the state earns some $300 million per year on oil swap. With
Azerbaijan, the sum can increase with $50 million. In early December
2006 Azeri President Ilham Aliyev stated that the government is due
to consider the reduction of oil transit via Russia. Later the Prime
Minister refuted the information and said Azerbaijan will follow the
current schedule, reports Lenta.ru.