Azerbaijan, Baku, May 25/ Trend , E.Ismayilov/
The oil refinery plants (ORP) which Ukraine offers to the State Oil Company of Azerbaijan Republic (SOCAR) for joint exploitation and refinery of oil do not meet the company's requirements, a senior official of SOCAR said.
"Ukraine offers us several plants for joint exploitation and investment, but all of them are in the depth of the Ukrainian territory. It does not suit us. It is not profitable to deliver oil to the depth of the Ukrainian territory and to bring oil products back to the sea," the source said.
The source said SOCAR intends to refine the Azerbaijani oil at the Ukrainian ORP.
SOCAR needs the ORP on the shore of the sea in order it will be easy and cheap to sell the produced oil products.
The company can work with Ukraine, if Ukraine presents a section of territory on the seashore.
The source said the global finance-economic crisis has some impact, but the company does not suspend its activity in search of investment projects which can be implemented under the conditions of the crisis.
Earlier, Ukrainian Ambassador to Azerbaijan Boris Klimchuk said construction of the ORP on the seashore has great technological advantage in the organization of hydrocracking, because it requires great amount of water.
Ukraine possesses 6 ORP with the capacity of 51.11 million ton per year
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