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Tuesday 16th of April 2024, 14:28 CET |
| Interfax: Ukraine invites Georgia to participate in Odessa-Brody-Gdansk oil pipeline project |
July 17, 2002
Hoover's Online
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Posted by HW on April 15, 2024
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TBILISI. July 16 (Interfax-Ukraine) - Ukrainian Prime Minister Anatoliy Kinakh has invited Georgia to join an international consortium that would finalize the building of the second stage of the Odessa- Brody-Gdansk oil pipeline and later operate it.
Kinakh put forth this proposal to Georgian Minister of State Avtandil Jorbenadze at a session of the joint intergovernmental commission for economic cooperation in Tbilisi on Tuesday.
Kinakh noted that a Ukraine-Poland-U.S. working group is currently drawing up proposals on setting up such a consortium in the near future, adding that once the oil pipeline's second stage is brought on stream, oil deliveries will total 40 million tonnes a year.
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Kyiv does not consider the Baku-Tbilisi-Ceyhan pipeline stretch, currently under construction, as a rival project. Ukraine supports diversified routes for supplies of energy resources to Europe, and is ready to participate in this project, Kinakh said.
In 2001, Ukraine completed construction of the 674-kilometer Odessa-Brody oil pipeline (with 1,020-millimeter diameter pipes), as well as the South oil terminal in Odessa. The first stage of the Ukrainian segment of the Eurasian oil-transportation corridor has a capacity of 9 million to 14.5 million tonnes of oil a year. Further plans include gradually increasing the transportation corridor's capacity to 40 million tonnes of oil annually. |
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