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Israel seeks long-term accord on Azeri oil import - minister

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  • Israel seeks long-term accord on Azeri oil import - minister

    Israel seeks long-term accord on Azeri oil import - minister

    Trend news agency
    8 Jun 06

    Baku, 8 June, Trend correspondent R. Abdullayev: Israel is interested
    in signing a long-term deal with Azerbaijan on importing oil, the
    minister of national infrastructure of Israel, Binyamin Ben-Eliezer,
    said at a press conference in Baku on 8 June.

    The minister said that a group of businessmen who represent big energy
    companies has arrived in Baku from Israel together with him. "As a
    minister I tried to open the door and the private sector has to take
    the next step. That is, SOCAR [State Oil Company of the Azerbaijani
    Republic], BP and Israeli companies have to establish cooperation
    themselves. The next stage will include discussing details of supplies
    of oil and gas," Binyamin Ben-Eliezer said.

    The minister cited Israel's agreement with Egypt on gas import. "That
    agreement has been concluded for 50 plus five years. The supplies will
    start as early as in 2007," Binyamin Ben-Eliezer said.

    The minister added that Israel and Azerbaijan have many common
    interests. "We are just offering our experience to our Azerbaijani
    counterparts. This concerns a wide range of areas, including
    construction, agriculture and so on," he said and added that he was
    satisfied with the possibility for businessmen from the entire world
    to operate in Azerbaijan without restrictions.
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