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Sarmatiya Company Considers Participation of Azerbaijan and Kazakhstan as Major Term of Diversification of Energy Supply to Europe

Oil&Gas Materials 18 October 2007 13:27 (UTC +04:00)
Sarmatiya Company Considers Participation of  Azerbaijan and  Kazakhstan as Major Term of Diversification of Energy Supply to  Europe

Poland, Warsaw / corr Trend S.Agayeva / The participation of Azerbaijan and Kazakhstan, the Caspian oil producers, is the major term for diversification of energy supply to Europe, Martin Jastrzhembskiy, the President of Sarmatiya company, and also deputy chairman of the Polish company Przedsiebiorstwo Eksploatacji Rurociagow Naftowych Przyjazn S.A. (PERN), said in talks with journalists.

" Azerbaijan, as a country, involve din search of new directions for transportation of its oil, is a good partners in diversification of energy supply to Europe," he said.

The State Oil Company of Azerbaijan (SOCAR) can decisively cooperate with Poland in the energy sphere and the Eurasian corridor (the Odessa-Brody-Plotzk) is the commencement of such cooperation. Sarmatiya and SOCAR are involved in the development of a feasibility study of the Eurasian corridor project.

"We hope to set up the construction of the [Brody-Plotzk] pipeline as soon as possible," he said. Every year the pipeline will transport up to 15mln tons of oil," he added.

"Our Russian partners would like to preserve their monopoly, but we are obliged to seek other ways for energy diversification. I am waiting for Kazakhstan's joining to our project," he said.

Sarmatiya was established on 12 July 2004 by Ukrtransneft and PERN to attract investments for projecting and the construction of the Odessa-Borda pipeline upto Plotsk. Major directions of the company's activities are the development of an estimate, attraction of investments, and provision of construction work. The State Oil Company of Azerbaijan (SOCAR), Georgian Oil and Gas Corporation (GOGC), and Lithuanian Klaipedos Nafta joined the shareholders of the Ukrainian-Polish Company of Sarmatiya

The Odessa-Brody oil pipeline was built in 2001. Over the past few years it was not exploited. At the end of June 2004 the Ukrainian Government allotted the use of this pipeline for Russian oil transportation in reverse direction.

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