Kyrgyz oil traders to explore Azerbaijani market
Azerbaijan, Baku, Oct. 11/ Trend, V. Zhavoronkova/
Kyrgyzstan is ready to consider import of petroleum oil and lubricant (POL) from Azerbaijan, Kyrgyz Oil Traders' Association President Jumakadyr Akeneev told Trend from Bishkek over the telephone.
"Kyrgyz oil traders are ready to enter the Azerbaijani market," he said.
Akeneev said the issue is under the discussion at the government, and once there is a positive decision, Kyrgyz delegation will head to Azerbaijan for talks.
The two countries may agree on establishing a joint venture, or drop shipments, he said.
Akeneev said two countries had a preliminary agreement on supply of 300,000 tons of POL from Azerbaijan to Kyrgyzstan.
"Although Kyrgyzstan has a contract with Russia, we want to diversify our POL suppliers," he added.
Akeneev said that Kyrgyz Oil Traders' Association has studied the prices and delivery routs. The results confirmed the possibility of having Azerbaijan as a POL supplier.
He said Kyrgyzstan's demand in POL will reach 1 million tons in 2012.
Akeneev estimates the current fuel situation in Kyrgyzstan as stable.
Kyrgyzstan covers its POL demand fully by Russian supplies, which are duty-free.
Earlier Presidents Posa Otunbayeva, of Kyrgyzstan and Ilham Aliyev, of Azerbaijan discussed the possibility of importing POL from Azerbaijan to Kyrgyzstan at a meeting in Istanbul and later during the visit of Kyrgyz parliamentary speaker Akmatbek Keldibekov to Baku.