Following the talks with EU Transport and Energy Commissioner Loyola de Palacio, Turkish Foreign Minister Abdullah Gul expressed hope that the Ukrainian authorities would thoroughly review the reverse problem, BBC Ukrainian reported.
In the beginning of 2004 Turkey closed the Bosporus to shipping due to bad weather conditions and big concentration of ships. In case of the reversed use of Odessa-Brody pipeline the number of tankers will grow.
Ukraine completed the construction of the oil pipeline in the end of 2001. However, the route, which is meant for annual transit of 14 million tons of Caspian oil to Europe by-passing the Bosporus has not been used because Kiev failed to find oil suppliers.
Russian companies interested in the increase of oil supplies to Europe proposed Ukraine to reverse the pipeline from Brody to Odessa.
At first the Ukrainian authorities gave up this idea. However, on July 5, 2004 the Ukrainian cabinet changed its decision.
Thus it can be turned into Odessa-Brody-Odessa oil pipeline.
Add to blog
You may place this material on your blog by copying the link.
The growing outright rivalry between the United States and China gives Russia more foreign policy weight, enabling it to assume the role of a balancer. So far it has been doing so rather skillfully. Today it may participate in a joint naval exercise with China that Beijing positions as outwardly anti-American. But tomorrow it can team up with the naval forces of the Old World.