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Azerbaijan annually supplies up to one mln tonnes of oil to Czech Republic’s refinery

Oil&Gas Materials 25 April 2014 12:42 (UTC +04:00)
Azerbaijan annually supplies from 500,000 to one million tonnes of oil to a refinery in Kralupy (the Czech Republic), SOCAR vice-president Elshad Nasirov said at the second meeting of the Azerbaijani-Czech intergovernmental commission on economic, scientific-technical and cultural cooperation in Baku on April 25.
Azerbaijan annually supplies up to one mln tonnes of oil to Czech Republic’s refinery

Baku, Azerbaijan, April 25

By Emin Aliyev - Trend:

Azerbaijan annually supplies from 500,000 to one million tonnes of oil to a refinery in Kralupy (the Czech Republic), SOCAR vice-president Elshad Nasirov said at the second meeting of the Azerbaijani-Czech intergovernmental commission on economic, scientific-technical and cultural cooperation in Baku on April 25.

"The shipments amounted to about 890,000 tonnes in 2011, while about 500,000 and 600,000 tonnes respectively in 2012 and 2013," he said. "We really appreciate the high quality of the equipment at the refinery in Kralupy. This allows no reduction in the quality of Azeri Light oil."

"Azerbaijan ensures about 26 percent of the Czech Republic's oil imports," he said.
SOCAR vice president regretted that the work on developing the Odessa-Brody-Plock-Gdansk pipeline construction project is likely to be suspended in these circumstances.

"At the same time, this does not negate other prospects of cooperation with the Czech companies," he said. "SOCAR cooperates with the Czech Republic in the equipment supply. The Czech companies can supply the appropriate units for the refineries being built in Turkey, two fertilizer plants in Georgia and Azerbaijan and a large refinery complex in Azerbaijan from 2017 -2018."

Sarmatia IPC was created by Ukrtransnafta and the Polish PERN Przyjazn company on July 12, 2004 to attract investments to design and complete the Odessa-Brody oil pipeline to Plock.

At the moment Sarmatia's participants include the State Oil Company of Azerbaijan (SOCAR), the Georgian Oil and Gas Corporation Ltd. (GOGC), Ukrainian Ukrtransnafta, Polish Przedsiebiorstwo Eksploatacji Rurociagow Naftowych Przyjazn S.A. and Lithuanian AB Klaipedos Nafta. Each of the main participants has 24.75 percent of equity participation and the Lithuanian company has 1 percent.

The Brody- Plock oil pipeline (Adam's gate) is the only missing part of the Euro-Asian Oil Transportation Corridor (EAOTC).

Translated by NH
Edited by CN

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