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Azerbaijan, Ukraine discuss energy issues

Oil&Gas Materials 19 September 2011 14:46
Azerbaijani Industry and Energy Minister Natig Aliyev and Ukrainian Energy and Coal Industry Minister Yuriy Boyko are discussing cooperation in the energy sector in Baku, the Ukrainian Embassy in Baku told Trend on Monday.
Azerbaijan, Ukraine discuss energy issues

Azerbaijan, Baku, Sept.19 / Trend, S. Aliyev /

Azerbaijani Industry and Energy Minister Natig Aliyev and Ukrainian Energy and Coal Industry Minister Yuriy Boyko are discussing cooperation in the energy sector in Baku, the Ukrainian Embassy in Baku told Trend on Monday.

According to information, both sides worked on documents signed in January 2011 after a meeting of Azerbaijani and Ukrainian presidents Ilham Aliyev and Viktor Yanukovych.
In particular, work is being carried out on the "Agreement on measures for development of cooperation in oil transportation through Ukrainian territory" and "Memorandum of cooperation in organizing liquefied natural gas supplies to Ukraine".

Supplies of liquefied Azerbaijani gas to Ukraine are possible within the project Azerbaijan-Georgia-Romanian Interconnector (AGRI), which envisages supplies of liquefied natural gas from Azerbaijan through Georgia and the Black Sea to Romania.

The capacity of the AGRI Project is considered in three variants - 2 billion cubic meters of gas per year, 5 billion cubic meters and 8 billion cubic meters. According to preliminary data, depending on the project capacity, its costs will vary from 1.2 billion to 4.5 billion euros.

The AGRI 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 via tankers to a terminal at the Romanian port of Constanta.
At present, Ukraine is working to create a terminal to receive liquefied natural gas, which is one of its priority national projects.

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