Agreements on oil pipeline between Caspian, Black and Baltic Seas signed in Vilnius
As the BNS reported five-country cooperation agreements on implementation of the project of the pipeline Odessa-Brody-Plock-Gdansk were signed in Vilnius on evening October 10.
The agreement on energetic cooperation and one more energy document were signed by representatives of ministries and companies of Lithuania, Poland, Ukraine, Azerbaijan and Georgia.
“The signing of this agreement is just the beginning of a long road. I hope that we will continue working together to prevent insignificant technical disagreements from causing a slow-down of the project. The oil pipeline unites and will continue to unite our regions, creates added value and strengthens energy security in the whole of the region,” Lithuania’s President Valdas Adamkus said on Octover 10.
As the BNS remained the signing is expected to be the last step for launching the alternative project to Russia’s oil supply. Odessa-Brody-Plock-Gdansk is planned to be the first pipeline to link the Caspian Sea and the Black Sea regions with countries of the Baltic Sea region and become the new way of oil transit to Europe.