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Poland, Ukraine agree on Euro-Asia oil transport
Published in Saudi Press Agency on 14 - 04 - 2008

Poland and Ukraine on Monday agreed on an
ambitious oil transportation project in cooperation with a major US
energy firm to connect Central Asian fields with European consumers, according to dpa.
Representatives for Sarmatia, a company jointly owned by the
Ukrainian and Polish governments, and US-owned Granherne Ltd., a
subsidiary of KBR Energy, signed contracts for the project in Warsaw.
Polish President Lech Kaczyski and Ukrainian President Viktor
Yushchenko were on hand for the signing ceremony.
The development programme foresees the extension of a little-used
trans-Ukrainian oil pipeline, to run from the Ukrainian Black Sea
port Odessa, to the Polish Baltic port Gdansk.
An initial step in the development programme would be a Granherne
evaluation of the state of Ukraine's pipeline system, and the
investment necessary to bring it up to an international standard,
Yushchenko said at a post-signing press conference.
An agreement detailing the scale of later investment and specific
development planning to complete the pipeline is likely at an Polish-
Ukrainian energy summit later this year, Kaczyski said.
The partially-built pipeline, designed to transport Caspian Sea
crude expected to come on line in the coming decade to Poland and its
neighbours, would if completed break current tight Russian control of
Central Asian oil exports, as Central Asian crude oil currently must
use Russian pipelines to reach Western markets.
The new link, called the Odessa-Brody-Plotsk-Gdansk pipeline,
would bypass the Russian route by allowing Kazakhstan and Azerbaijan
to transport oil to market across the Black Sea, via the Georgian
port Poti by tanker to Ukraine's Yuzhny oil terminal, and onward via
a pipeline across Ukraine and Poland to consumers.
The Ukrainian section of the line and the Yuzhny port terminal
were completed in 2004. Currently the terminal is unused and only
sections of the Ukrainian line is used, to augment pipelines shipping
Russian oil, as Caspian product has not been forthcoming.
A multinational consortium including Polish Lithuanian, Georgian,
and Azerbaijani shareholders has been working on the Polish section
of the line since 2007, with little visible progress.
Granherne Ltd. was founded in London in 1984, and merged with
Houston-headquartered MW Kellog in 1996. The firm was later
controlled by US Halliburton and currently is a subsidiary of
Houston-headquartered KBR Inc.
A Black Sea pipeline allowing the former Soviet republics
Kazakhstan, Azerbaijan, Georgia to import oil and transport it
onwards without Kremlin interference, has been talked by regional
energy planners since the early 1990s.
Progress on the idea has been extremely slow, in part because of
estimated 2 billion dollar price tag on the project, and because of
questions as to whether oil shipped by pipeline then tanker and then
pipeline again could compete with Russian oil transported to market
through pipelines without transshipment.


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