Inter-governmental agreement to be signed to realize Eurasian oil transport corridor project
Azerbaijan, Baku, Aug. 12 /Trend, E.Ismayilov/
The participant countries of the Sarmatia International Pipeline Company will sign an inter-governmental agreement to support the realization of Eurasian oil transport corridor project, Sarmatia Director General Sergei Skripka told Trend in a telephone conversation.
The integral part of the Eurasian oil transportation corridor project is the continuation of the construction of the Odessa-Brody pipeline to Polish Plock and onward to Gdansk.
He said the leading role in the preparation of the agreement is given to the Azerbaijani, Ukrainian and Polish sides. The Ukrainian and Azerbaijani sides have already held talks on the preparation of this agreement, and the Ukrainian side is negotiating with Poland.
Ukraine has already established a working group in order to prepare the inter-governmental agreement. Such groups will be created in other countries as well.
Skripka expressed hope that Georgia and Lithuania, which are parties to Sarmatia, will join the inter-governmental agreement.
He said the preparation of the document may take three-four months to one year, depending on progress.
Sarmatia was created on July 12, 2004, by Ukrtransnafta and Polish company PERN Przyjazn for attracting investment for the design and completion of the Odessa-Brody pipeline to Plotsk.
Sarmatia's participants include SOCAR, the Georgian Oil and Gas Corporation Ltd. (GOGC), Ukrainian Ukrtransnafta, Polish Przedsiebiorstwo Eksploatacji Rurociagow Naftowych Przyjazn SA and Lithuanian AB Klaipedos Nafta with equity participation of 24.75 percent of key players and one percent in the Lithuanian company.