Ukrainian parliament approves Azeri oil transit deal
Ukraine’s parliament has passed a law ratifying the inter-governmental agreement with Azerbaijan on the development of cooperation in oil transportation through Ukrainian territory, Ukrinform news agency reported.
According to the document, since the date the agreement enters into force, Ukraine sets a 50 percent discount on rates of port duties for ships carrying Azerbaijani oil.
Under the cooperation deal, light Azerbaijani oil will be shipped to Ukraine and will pass through the country’s territory. The crude will be transported in the direction of the Kremenchuk refinery from the port of Odessa; also envisioned is oil transit in the direction of Mozyr oil refinery of Belarus; transit toward the countries of Central and Eastern Europe - Hungary, Slovakia and the Czech Republic, as well as toward Poland's oil refineries with the use of the Belarusian and Polish sectors of the Druzhba oil pipeline (until the construction of Brody-Plock pipeline is completed).
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