Azerbaijan, Georgia, Lithuania, Poland and Ukraine signed energy cooperation agreement

Kazakhstan Today. October, 11. BAKU. Yesterday after the first working day of Vilnius Conference on Energy Security Azerbaijan, Georgia, Lithuania, Poland and Ukraine signed energy cooperation agreement, as reported by KZ-today correspondent with reference to Azerbaijan president' administration.

Besides, the agreement on establishment of "Sarmatiya", an interstate association with limited liability, was signed by Azerbaijan, Georgia, Lithuania, Poland and Ukraine oil companies' presidents.

During the joint press conference held with presidents of Azerbaijan, Lithuania, Poland and Georgia, the president of Ukraine, Victor Yushenko, stated that signed documents is a practical step towards realization the "Odessa-Brody-Gdansk" oil pipeline project.

"Today it is a historical step when the project of Kazakhstani oil delivery to Europe was transformed from political sphere to practical", - mentioned the president of Ukraine. "We have never hidden that the project's realization on Caspian oil delivery to the EU is our strategic project, not only for our country, but it is a strategy for Kazakhstan, Azerbaijan, Georgia, Lithuania and for many other partner countries", - he said.

Victor Yushenko also stated that he does not see any problems which could serve as obstacle to the project's realization including even financial.

Talking about signed agreement on energy sphere cooperation, it foresees the establishment and development of the corridor for hydrocarbon transportation from Caspian region to the world market via Azerbaijan, Georgia, Ukraine, Poland as well as research of possible ways of strengthening the security of transit network including sea transfer and pipeline supply of hydrocarbon from the Caspian Sea region.

Besides, parties have also agreed upon defining additional sources and developing supply and transit routes of hydrocarbon. "The agreement aims to support politically the transport corridor setting up which will define cooperation level between parties in energy sector", - stated in the information.

As reported, "Responsible energy -for responsible partners" conference organized by Lithuania Foreign Affairs Ministry and Lithuanian Centre for Strategic Research and the US Hudson University is joined by presidents of Azerbaijan, Ukraine, Georgia, Lithuania, Poland and from Kazakhstani side - by the RK Minister of Energy and Mineral Resources, Sauat Mynbayev.

During the 2-days conference parties plan to discuss questions connected to world security problem in energy and main directions for foreign policy and the EU in energy sphere.

Forum participants will also examine questions of trans-Atlantic energy dialogue, EU - Russia cooperation, EU - Caspian and Black seas cooperation in energy, Baltic States energy strategy development.

In the frames of the conference specialized international forum of energy companies and energy experts is executed. The theme of the forum is "Energy security: supply, demand and diversification".

Source: eng.gazeta.kz