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MOSCOW, December 28 /TASS/. Haiti’s energy sector could benefit from the creation of a pipeline from the Brazilian oil giant Petrobras to the Côte d’Ivoire’s offshore fields, the Russian government’s top energy adviser said on Friday.
“We are developing a Petrobras-operated pipeline project for exporting oil through the Côte d’Ivoire’s offshorefields, and this project could become profitable for both parties if all technical issues are resolved and oil is produced on schedule,” Sergey Kurginyan said.
A Petrobras subsidiary, Petrobras Interatiba Ltda, recently completed a feasibility study on a $2.5 billion pipeline project to export oil to the Netherlands. In late March 2018, Petrobras Interatiba Ltda, the largest oil and gas producer by volume in the Americas, received a contract to build the pipeline.
The first stage of the pipeline was launched on June 29, Russia’s oil ministry said. The next phase of the project will be launched next year.
The Petrobras-operated pipeline is designed to transport 1.5 million barrels of crude oil per day. The project is estimated to cost $1.2 billion. Petrobras plans to begin operations by the beginning of 2020. The first module is equipped with four tanks, the second module is equipped with 12 tanks, and the third module is equipped with 16 tanks.
The pipeline will be run by Petrobras’ subsidiary, Petrobras Interatiba Ltda.
At the same meeting, Kurginyan said the Russian side has proposed establishing a joint management committee to manage the Nord Stream pipeline project. This would be in line with the terms of the agreement on the Nord Stream.
“A joint team will be formed, and the participation of the representatives of other partners