“At the current stage Ukraine and Azerbaijan do not have perspective joint energy projects,” Ukrainian independent energy expert Valentin Zemlyanskii told REGNUM news agency’s correspondent in Kiev on November 19, 2013.
Yesterday after the talks with Azerbaijani President Ilham Aliyev in Kiev Ukrainian President Viktor Yanukovich said that the energy cooperation between the two countries is a priority. “Ukraine is a reliable transit country, while Azerbaijan is a reliable supplier of energy carriers. Our countries have all conditions to unite efforts for transportation of hydrocarbons to Europe,” said Ukrainian President.
Kiev has repeatedly announced its readiness to become co-investor of the trans-Anadolu gas pipeline (TANAP), though Azerbaijan earlier made it clear that it is not interested in Ukraine’s involvement in this project. “Ukraine could invest up to $800 million and considering that Azerbaijani gas will cost Ukraine $60.00-80.00 per 1000 cub.m. cheaper than Russian one the investments will be repaid within five years maximum.
“I believe in adequacy of the Azerbaijani government. Ukraine has been made clear once that its involvement in this project is not advisable. But Ukraine stubbornly tries to achieve that. This is a sophisticated oriental policy. I do not think that Ukraine will be forced to do something, but I also do not think that Ukraine will be invited,” Zemlyanskii said.
“The sum of $80 million, which Ukraine allegedly offers to invest into TANAP, causes doubts. This amount could be used to build a new pipeline to reverse gas from Europe to Ukraine. Ukraine’s interest in investing capital into TANAP construction is a riddle for me,” expert said.
“At the current stage both Ukraine and Azerbaijan have no perspective joint projects. The Odessa-Brody oil pipeline has problems with consumers. Azerbaijani oil is low granular and its price is rather higher, it is considered among the best types of oil. I see no gas projects as well. Neither LNG terminal, not Ukraine’s joining TANAP seems advisable. In the mid-term any joint projects are hardly possible,” concluded Zemlyanskii.—0—
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review