Ukraine offers Azerbaijan oil transit deal
On Dec. 26, Ukrainian Prime Minister Viktor Yanukovich said that his country is interested in organizing the transit
of Azeri oil produced at the Caspian Sea via Baku-Supsa-Odessa-Europe route.
“Ukraine is interested in organizing supply of high-gravity oil via the Baku-Supsa-Odessa-Europe pipeline and
participation of the Azeri companies in this project,” Yanukovich was quoted as saying. The Prime Minister
promised that Ukraine will preserve the quality of transported oil while using the Odessa-Brody-Plock oil pipeline.
Ukrainian Fuel and Energy Minister Yuri Boyko, who visited Azerbaijan along with the Prime Minister, said that
Azerbaijan increases its annual oil production by 6-7 mm tpy and noted that it needs additional transportation
corridors to Europe.
Boyko said that an international consortium, which is to be established for development of the Odessa-Brody oil
pipeline, will be incomplete without Azerbaijan with its oil reserve.
The Ukrainian Prime Minister said, regarding the pipeline consortium: “We now discuss the details of the
project and of setting up an international consortium in which Azerbaijan, Ukraine, Kazakhstan and Russia will take
part.”
The Azeri Prime Minister Artur Rasi-zade said Azerbaijan regards the Odessa-Brody project as one of the routes of the
transportation of Caspian oil to European markets.
