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Sarmatia to present feasibility study of Odessa-Brody-Plock-Gdansk pipeline project

Oil&Gas Materials 30 March 2009 15:22 (UTC +04:00)

Azerbaijan, Baku, March 30 / Trend , E.Ismayilov/

A feasibility study of the Odessa- Brody-Plock-Gdansk pipeline project will be presented for the European Union in Brussels in early May, a source from oil and gas market said. 

"The discussions of the issue are being discussed. The presentation will be presented in Brussels in early May. The feasibility study is expected to be presented under the aegis of the EU," the source said.

According to him, the presentation will be held with the participation of all involved companies, including representatives of participating countries.

Sarmatia has already prepared the feasibility study.

The Odessa-Brody oil project was planned to diversify oil supplies to Ukrainian refineries and transit facilities for the development of the country. Construction of the Odessa-Brody oil pipeline was completed in May 2002. The pipeline has a length of 674 km, diameter - 1,020 millimeters. The pipeline and the terminal's capacity are 9-14 million tons per year.

The Sarmatia international oil pipeline company was founded in 2004. Now company's participants are SOCAR (the State Oil Company of the Azerbaijani Republic), Georgian Oil and Gas Corporation, Lithuanian company Klaipedos oil ", Polish oil company PERN Pshiyazn and Ukrtransnafta JSC.

Lithuanian ambassador to Azerbaijan Kestutis Kudzmanas said Azerbaijan was main supplier in this route (the Odessa-Brody-Plock-Gdansk).

Azerbaijan can supply not only its own resources, but also oil from Central Asia, for example, from Kazakhstan, Kudzmanas said.

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