ECONOMY
Ukraine offers Azerbaijan to refine oil at its refineries
Baku, March 12 (AZERTAC). Ukraine proposes Azerbaijan to refine oil at its refineries upon a toll manufacturing scheme, Energy Minister Eduard Stavitsky said at a meeting with his Azerbaijani counterpart Natiq Aliyev in Baku on Tuesday.
It is planned to refine oil at the refinery in Odessa and Kremenchug.
“We still have the pipeline, which works for the Kremenchug refinery and we can supply oil through it in case of an agreement," Stavitsky said.
He said that at present, Ukraine`s task is to fully restore the refining industry, and, in this regard, there is a need not only to supply oil, but to diversify it.
Stavitsky said that Ukraine was ready to consider its participation in the development of infrastructural projects for energy supplies to Europe, in particular, in such projects as TANAP and AGRI.
Stavitsky also stressed that Ukraine was ready to consider the possibility of cooperation with Azerbaijan in the field of reconstruction of hydroelectric power stations, as the country has great experience in this field.