Ukraine is to construct an oil pipeline to Poland in 2006, Ukrainian President Viktor Yushchenko said in late November. He said Ukraine had held all the necessary political consultations, and had set up the necessary joint structures with Kazakhstan and Poland to start extending the Odessa-Brody oil pipeline to the Polish city of Gdansk in 2006.
Mr Yushchenko also said Ukraine was concluding talks on the construction of an oil refinery in the western Ukrainian town of Brody with high-quality output: he said this second stage of the project would require $3.5 billion in investment.
Mr Yushchenko said the capacity of the Odessa-Brody pipeline could be expanded by building a new oil terminal in the port of Yuzhny near Odessa and an oil pipeline between Yuzhny and Odessa in accordance with an agreement with Kazakhstan. The Odessa-Brody pipeline currently pumps Russian oil to Black Sea ports.
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