Chevron wants to transport oil to Europe via Odessa-Brody pipeline

Dec 08, 2003 01:00 AM

Chevron has confirmed its interest in transporting Caspian oil to its refineries in Germany via the Odessa-Brody and Druzhba pipelines, Ukrainian Deputy Prime Minister Vitaly Haiduk said. A German company has also expressed readiness to reverse its Ingolstadt-Kralupy-Litwinow pipeline, which is currently working at 20 % of capacity, to extend this route, Haiduk said.
Haiduk noted that this route would be $ 1 per ton cheaper for Chevron than the route currently used to transport oil to the German refineries. Kazakhstan has also confirmed its plans to transport oil through the Odessa-Brody pipeline to the Kralupy Oil Refinery.

After an experiment to transport 20,000 tons of oil to the Kralupy refinery in December this year, this plant will be ready to sign a contract to transport 2 mm tpy of oil through the Odessa-Brody pipeline, Haiduk said.
Two Ukrainian refineries -- Drohobych and Nadvirna -- have said they wish to receive 2 mm tons of oil each through the pipeline next year, and a refinery in the south of Poland -- about 500,000 tons of oil.

Comparing the future for transporting oil via the Odessa-Brody pipeline direct and in reverse over the next 10 years, Haiduk said that given the agreements mentioned, the volume of oil transported over the next 10 years with the pipeline being used in the planned direction will amount to 168 mm tons, and in reverse -- 90 mm tons.

Source: Interfax Information Services
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