Minister: Azerbaijan intends to provide Ukraine with 5 bln cubic meters of liquefied gas per year
Azerbaijan, Baku, Nov. 26 / Trend /
Azerbaijan will be able to deliver in Ukraine, about five billion cubic meters of liquefied gas annually, Minister of Industry and Energy Natig Aliyev told media in Uraine, RBK-Ukraine reported.
"Our current plans include liquefied gas. We think that Azerbaijan can supply about 5 billion cubic meters of liquefied natural gas to Ukraine every year," he said.
He noted that it is planned to increase the supply of crude oil to Ukraine.
"The preliminary forecasted volumes of increasing the oil transportation corridor hit up to 5 million tons a year. We will supply 5 million tons a year to Ukraine. Ukraine must express willingness to accept that amount," he said.
He said that it deals with crude oil and oil products for processing in Ukrainian refineries.
These agreements have been prepared after the meetings of the presidents.
"Both documents were initially assessed in the governments of our countries," Natig Aliyev said. He said that the formal aspects of agreements are being solved.
Ukraine may join Azerbaijan-Georgia-Romania Interconnector (AGRI). It involves the supply of Azerbaijani liquefied gas through Georgia and the Black Sea to Romania. In particular, the Ukrainian side intends to construct a terminal for liquefied natural gas in Odessa.
Three capacity volumes are being considered for the project: 2 billion cubic meters of gas a year, 5 billion cubic meters and 8 billion cubic meters, Minister of Industry and Energy Natig Aliyev said earlier. According to preliminary data, the cost varies from 1.2 billion to 4.5 billion euros depending on capacity.
Azerbaijan, Georgia, Romania and Hungary signed the Baku Declaration on AGRI project in Baku September 14.
The project envisages transporting Azerbaijani gas via pipelines to the Black Sea coast of Georgia, where the gas will be liquefied at a special terminal. The gas will then be delivered to a terminal at the Romanian port of Constanta via tankers.