The FINANCIAL — According to APA-Economics, Ukraine and Poland plans to launch Odessa-Brody pipeline in the middle of 2008.
The pipeline, built in 2001, is designed to transport the Caspian oil to Europe. The pipeline was not used because there is no pipe connection between Ukraine and Poland.
It remained largely idle amid political bickering over its use until 2004, when Russian TNK-BP started to use reverse transportation of Russian oil southward to Odessa for export.
Kiev has promised to return to the pipeline’s original design and begin shipping oil from Caspian Sea nations such as Azerbaijan northward from Odessa to Brody, near the Polish border.
Warsaw predicts extension to the Polish port of Gdansk on the Baltic Sea could be finished in 2011-2012 while Ukraine believes it is possible to complete the work in 2008-2009.
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