SOCAR investigates ORP opportunities in Ukraine: ambassador

Oil&Gas Materials 24 June 2009 13:38 (UTC +04:00)

Azerbaijan, Baku, June 24 / Trend , E.Ismayilov/

Investigation of the oil refinery plants (ORP) in Ukraine by specialists of the State Oil Company of Azerbaijan Republic (SOCAR) focuses on two directions, Ukrainian Ambassador to Azerbaijan Boris Klimchuk said at a news conference on June 24. SOCAR holds investigation for joint exploitation and refinery of oil in Ukraine.

"At present the work on this issue is conducted on two directions," Klimchuk said.

Klimchuk said the Azerbaijani specialists are currently studying opportunities of the Galichin and Neftkhimik Prikarpatya ORPs, as well as opportunities of the Kherson ORP is being investigated.

The oil refinery plants (ORP) which Ukraine offers to SOCAR for joint exploitation and refinery of oil do not meet the company's requirements, a senior official of SOCAR said earlier.

"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.

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.

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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