BELARUS NEWS AND ANALYSIS

DATE:

20/01/2011

Azerbaijan ready to supply 6-8m tonnes of oil to Ukraine and Belarus

Azerbaijan's state oil company SOCAR is planning to supply 6-8m tonnes of Azeri Light Oil to Ukraine and Belarus for refining in 2011.

SOCAR President Rovnag Abdullayev gave the figures in Nikolayevsk in Ukraine, where he was attending the opening of a SOCAR petrol station, 1news.az reported.

"This year we will supply from 6m to 8m tonnes of oil to Ukraine and Belarus," Abdullayev said.

He said that Ukraine's Kremenchug oil refinery would receive more oil in 2011 than in 2010, when it refined 1.614m tonnes of Azerbaijani crude.

Discussions have been under way for some months on the volume of Azerbaijani oil sales to Ukraine.

Ukraine's minister for fuel and energy, Yuriy Boyko, said in early December that Azerbaijan was offering to supply up to 8m tonnes of oil a year to be pumped through Ukraine's Odessa-Brody pipeline.

Azerbaijan's minister of energy and industry, Natig Aliyev, said at the end of November that Baku could supply 5m tonnes of oil annually to Ukraine

Source:

http://www.news.az/articles/economy/30058




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