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Minister: Azerbaijan may place up to 20 million tons of oil from eastern Caspian Sea

Oil&Gas Materials 29 September 2011 17:39
Azerbaijan could easily transport 20 million tons of oil from Kazakhstan and other Caspian countries in its pipelines, Azerbaijan, Industry and Energy Minister Natig Aliyev said today.
Minister: Azerbaijan may place up to 20 million tons of oil from eastern Caspian Sea

Azerbaijan, Baku, Sept. 29 / Trend E. Ismayilov /

Azerbaijan could easily transport 20 million tons of oil from Kazakhstan and other Caspian countries in its pipelines, Azerbaijan, Industry and Energy Minister Natig Aliyev said today.

Aliyev said the Eurasian oil transportation corridor project deserves special attention.

Azerbaijan is actively involved in the construction project of the Odessa-Brody-Plock-Gdansk oil pipeline, which is a part of the corridor. SOCAR is one of the participants of "Sarmatia" international pipeline company.
At present, Ukraine and Poland agree on the issues of financing the oil pipeline construction from the European Union.

Kazakh oil may be one of the sources for this route. It may be delivered to Azerbaijan through the Caspian Sea by tankers. It is necessary to build the Eskene-Kuryk pipeline in Kazakhstan to create this system, as well as the terminals on both sides of the Caspian Sea to transport oil.

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