09Yushchenko offers Kaddaffi to build a refinery in Western Ukraine and start a chain of gas stations
November04200821:40
Ukraine has offered Libya to expand cooperation in the oil/gas sector, Pres Yushchenko said during his joint press conference with Pres Kaddaffi, notably to build an oil refinery in Ukraine.“Libya is invited to participate in a very lucrative project – to build an oil refinery in Western Ukraine and open a chain of gas-filling stations all over Ukraine,” Pres Yushchenko said.
The project will make it possible for Libya to sell its gasoline in Europe. We are ready to cooperate at any level to implement the project, the Ukrainian president added.
Ukrainian-Libyan talks also focused on starting negotiations on extraction of oil by Ukrainian companies in Libya. “We would like to resume the negotiations and involve Ukrainian prospectors and oil-extracting equipment as well as sign a product-sharing agreement suitable for both parties,” Viktor Yushchenko said.
Yushchenko said that talks on both projects will be held with Kaddaffii on Nov. 5.
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