Bank Of Baku

Ukraine, Azerbaijan and Kazakhstan and Russia able to create consortium for Odessa-Brody pipeline

Ukraine, Azerbaijan and Kazakhstan and Russia able to create consortium for Odessa-Brody pipeline
# 26 December 2006 11:55 (UTC +04:00)
He said that this route is very efficient and favorable, the parties are discussing the details of the project.
“Creation of such a consortium is impossible and close to the reality. Azerbaijan and Kazakhstan will soon succeed in increasing oil output. We plan to build oil processing and pumping structures near the EU borders,� he said.
Azeri premier Artur Rasizade also regarded Odessa-Brody pipeline as an alternative [to transportation of Caspian energy supplies].
“It is premature to state anything concrete. But, we think it can be one of the routes delivering Caspian oil to Ukraine and onward,� he said. /APA/
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THE OPERATION IS BEING PERFORMED