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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Ukraine has not preserved its 1991 borders. The signing of the Geneva memorandum on April 17 reaffirmed the willingness of Russia, the United States and EU countries to reach a compromise. While the sides continue to trade tough talk and symbolic sanctions, the Kremlin and the White House are also holding a parallel dialogue on the coordinated geopolitical revision of Eastern Europe.