Azerbaijan, Baku, Feb. 24 / Trend E. Ismayilov /
The Sarmatia International Pipeline Company (IPC) plans to present the Eurasian oil transportation corridor project to the European Commission in March, General Director of the Sarmatia IPC Sergei Skripka told Trend today. The Odessa-Brody-Gdansk-Plotsk route is the main part of this Corridor.
The project of Eurasian Oil Transport Corridor is unique from the point of view of the uniting of economic and political interests of countries participating in the project. It can be the basis for the creation of future Caspian-Black Sea-Baltic united transit space. It is designated to play an important role in increasing the energy security level of participant-countries and Europe. Urgency of this project increases amid occurring local and increasing global problems with energy resources supply.
"We intend to participate in the meeting of the working group on security of supply of oil and gas to be held by the Directorate General for Energy European Commission on March 17. The event will take place in Brussels," Skripka said.
He said this group is part of a permanent Berlin Forum on Fossil Fuels established by the European Commission.
Sarmatia was created on July 12, 2004, by Ukrtransnafta and Polish company PERN Przyjazn for attracting investment for the design and completion of the Odessa-Brody pipeline to Plotsk.
Sarmatia was created under an oil transportation project via the Odessa-Brody-Gdansk-Plotsk route. Sarmatia's participants include SOCAR, the Georgian Oil and Gas Corporation Ltd. (GOGC), Ukrainian Ukrtransnafta, Polish Przedsiebiorstwo Eksploatacji Rurociagow Naftowych Przyjazn SA and Lithuanian AB Klaipedos Nafta with equity participation of 24.75 percent of key players and one percent in the Lithuanian company.
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