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Ukraine, Kazakhstan to hike crude exports to EU by building terminal
Journal Staff Report

KIEV, Nov. 7 - Ukraine and Kazakhstan seek to jointly increase exports of Kazakh crude oil to Europe by building an oil terminal facility and an oil refinery near Odessa, the Ukrainian Energy and Fuel Ministry reported Friday.

Naftogaz Ukrayiny, the national oil and gas company, and Kazmunaigaz, the Kazakh state oil and gas giant, on Thursday created a joint team to discuss these issues, the ministry said.

The companies had a meeting in Astana on Thursday aimed at boosting cooperation in the energy sector in line with earlier agreements between President Viktor Yushchenko of Ukraine and President Nursultan Nazarbayev of Kazakhstan.




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