Ukrainian government approves memo with Azerbaijan
Azerbaijan, Baku, Dec. 6 /Trend/
The Cabinet of Ministers of Ukraine has approved the Intergovernmental Memorandum with Azerbaijan on cooperation in the organization of natural gas delivery to Ukraine, the Ukrainian government reported.
The memorandum is designed to establish mutually beneficial cooperation with Azerbaijan in the field of liquefied natural gas supplies to Ukraine and provide the necessary organizational, technical, and economic conditions for the realization of Ukraine's project to build regasification terminal for liquefied natural gas to be delivered to the Black Sea.
The implementation of this project on construction of the regasification terminal for liquefied natural gas at the Black Sea coast will allow Ukraine to attract alternative exporters to gas supplies, which will affect the decrease in prices of gas imported to Ukraine, the statement reads.
At present, Azerbaijan, Georgia and Romania are considering the feasibility of realizing the Azerbaijan-Georgia-Romania Interconnector (AGRI) gas transportation project to supply Azerbaijani liquefied gas via Georgia and the Black Sea to Romania.
Ukraine might join the AGRI project, Azerbaijani Industry and Energy Minister Natig Aliyev told Trend earlier.
"Ukraine is interested in this project and the issue was mulled during Azerbaijani President Ilham Aliyev's recent visit to this country," Aliyev said. "Ukraine is ready to buy Azerbaijani liquefied gas. In particular, it is planned to construct a liquefied fuel terminal in Odessa. In the future, it will have a positive effect not only on Azerbaijan, but also on the entire region. I think there will be other sources for liquefied gas supplies through the Bosporus. That is, I believe that Ukraine will join this project."
A memorandum of understanding on the AGRI project was signed in Bucharest on April 13. Azerbaijan, Georgia, Romania and Hungary signed the Baku Declaration on the draft AGRI on Sept. 14 in Baku.