Industry and Energy

Home page

Industry and Energy

SOCAR: Azerbaijan assesses the perspectives of Eurasia Energy Corridor positively

03 June 2011 15:56 (UTC +04:00)

According to him, Odessa-Brody pipeline is an integral part of Eurasia Energy Corridor: â€œBut, everything does not start and end with this pipeline. Everything starts from Baku, thereafter, diversification is observed in transportation routes. So, the corridor may be lengthened up to Georgia, Russia and Ukraine. After this, Odessa-Brody pipeline starts. Thatâ€™s why we say that the elements of corridors are already working. So, the oil is already being delivered to Ukraine and Belarus areas. After this, if the relevant contracts are signed, the oil may be delivered to Czech, Hungary and Slovakiaâ€.

Baylarbayov also noted that, Eurasia Energy corridor is not restricted to this: â€œThe corridor is being continued through Polish area and linked with this countryâ€™s current system (Plotsk-Gdansk). 370-500 km-pipelines must be constructed here. Thereafter we connect with such system, that it connects with Europeâ€™s largest pipeline. This pipeline connects with Poland, Germany, Sweden and other countries and Azeri opil may be delivered to far bases. At present, this region is supplied from North Sea. But, oil extraction decreases there, gradually. Most of oil refineries were constructed for this sea. Thatâ€™s why, Eurasia Energy Corridor may be useful from the standpoint of economyâ€.