Experts Doubtful of Establishment of Baltic-Caspian-Black Sea Energy Transit Union
Ukraine, Kiev, 16 May/ corr. Trend Z. Novosvitski/ The experts are doubtful of reality of realization of the initiative of the Ukrainian president Victor Yushenko to establish Baltic-Black Sea-Caspian Energy Transit Union.
"At present, there are no supplies of materials for this project," Vitaliy Kulik, the director of the Civil Society Problems Study Institute of Ukraine said to Trend . "Not only transit countries and consumers, but also oil producing countries should take part in the establishment of the union. Several Central Asian countries with big volumes of oil production should also join this project to realize it," he said.
"Therefore, it is only on paper as one of the projects of the current Ukrainian government. I think that all these projects can not be realized without the support of all the Central Asian countries," the expert said.
Vladimir Saprikin, the director of the energy program of the Razumkov Center said that changes should be made to the legislation of the European Union in order to make the system efficient.
"I have read these materials. There is a need for changes to the legislation of the European Union so that it can work. There are hint at the supranational bodies, but it is not real. This project can be realized on the level of advisory and consultative bodies," Saprikin said.
The Kiev energy summit will be held on 22 to 23 May. It was earlier reported that the Ukrainian president will initiate the establishment of the Baltic -Black Sea-Caspian Energy Union in the summit.
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