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Ukraine Offered Azerbaijan Access To Oil Pipelines Leading To Europe

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  • Ukraine Offered Azerbaijan Access To Oil Pipelines Leading To Europe

    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.
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