Following the talks with EU Transport and Energy Commissioner Loyola de Palacio, Turkish Foreign Minister Abdullah Gul expressed hope that the Ukrainian authorities would thoroughly review the reverse problem, BBC Ukrainian reported.
In the beginning of 2004 Turkey closed the Bosporus to shipping due to bad weather conditions and big concentration of ships. In case of the reversed use of Odessa-Brody pipeline the number of tankers will grow.
Ukraine completed the construction of the oil pipeline in the end of 2001. However, the route, which is meant for annual transit of 14 million tons of Caspian oil to Europe by-passing the Bosporus has not been used because Kiev failed to find oil suppliers.
Russian companies interested in the increase of oil supplies to Europe proposed Ukraine to reverse the pipeline from Brody to Odessa.
At first the Ukrainian authorities gave up this idea. However, on July 5, 2004 the Ukrainian cabinet changed its decision.
Thus it can be turned into Odessa-Brody-Odessa oil pipeline.
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The main event of the third day of the 11th meeting of the Valdai International Discussion Club in Sochi was the closing session with President Vladimir Putin. The atmosphere was calm and open, despite the current political tensions and the Russia-West confrontation. The Russian president said that it corresponded to the spirit of the Valdai Club.