Ukraine May Begin to Transport Caspian and Azerbaijani Oil to Europe in 2010 Ukrainian President

Oil&Gas Materials 7 December 2006 15:20 (UTC +04:00)

Ukraine may begin to transport the Caspian and Azerbaijani oil to Europe in 2010 as long as the European Union tries to decrease the dependence on the delivery of the energy resources from Russia, the President of Ukraine Victor Yushenka stated in his interview with Bloomberg Agency.

According to Yushenka, Ukraine intends to transport 7 million tons of oil to Europe annually. It is a primary large achievement. Ukraine is interested in realizing this project as soon as possible, Yushinka said, UNIAN reports.

Kazakhstan has concluded an Agreement with the European Union on the co-operation in delivering oil and gas, Trend reports quoting ForUm.