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New feasibility study of Brody-Plock pipeline to be ready in 1Q 2016

Economy Materials 9 December 2015 17:07 (UTC +04:00)
Sarmatia International Pipeline Company will update the feasibility study of Brody-Plock (Adam’s gate) oil pipeline in the first quarter of 2016

Baku, Azerbaijan, Dec. 9

By Maksim Tsurkov - Trend:

Sarmatia International Pipeline Company will update the feasibility study of Brody-Plock (Adam's gate) oil pipeline in the first quarter of 2016, director general of the company Sergei Skripka said in an exclusive interview with Trend Dec.9.

Skripka made the remarks speaking about the work plans for the coming year.

"In addition to updating the feasibility study of the pipeline, in the future, we plan to finalize the land plan preparation for nine administrative units of Poland, on the territory of which the pipeline route will pass," said Skripka.

"Preparation for the allotment of land for construction will become another area of ​​work. This work is only preliminary, so we make a list of land owners, clarify it. This is an extremely important element of preparation, and we will pay attention to it in the coming year, but, unfortunately, still without signing specific contracts."

The Brody-Plock (Adam's gate) oil pipeline is currently the sole missing part of the Euro-Asian Oil Transportation Corridor (EOTC). As a result of realization of this project, the Caspian states will receive an additional reliable route for their oil supplies to the European market, new customers, and opportunities to work in adjacent markets will also expand.

The studies on the choice of a route for the future Brody-Adam's gate oil pipeline have been completed. The route's total length will be 377 kilometers, some 120 kilometers of the pipeline being built in Ukraine, and 257 kilometers in Poland.

The Ukrainian company Ukrtransnafta and the Polish company PERN Przyjazn established IPE Sarmatia on July 12, 2004.

The participants of Sarmatia are: the State Oil Company of Azerbaijan (SOCAR), Georgian Oil and Gas Corporation Ltd. (GOGC), Ukrainian UkrTransNafta, Polish Przedsiebiorstwo Eksploatacji Rurociagow Naftowych Przyjazn S.A. and Lithuanian AB Klaipedos Nafta. The share of the main participants is 24.75 percent each, while the Lithuanian company has a one percent share.

Odessa-Brody oil transport project was aimed at diversification of the oil supply to Ukrainian refineries and developing the country's transit opportunities. The construction of Odessa-Brody was completed in May 2002.

The length of the pipeline is 674 kilometers, while the diameter of the pipe is equal to 1,020 millimeters.

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