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http://www.rosbalt.com/2002/10/15/50514.html Rosbalt October 14, 2002 Georgia Prepares for Caspian Oil Boom MOSCOW, October 14. Georgia has built a new oil terminal at its Black Sea port of Poti in order to boost Caspian oil shipments via the country. The construction of four oil reservoirs and a berth marks the beginning of a USD 30 million investment project. The former Soviet republics of Azerbaijan, Kazakhstan, and Turkmenistan transport oil first across the Caspian Sea than via Georgia by rail. Investors in the project include the Irish Channel Energy company, the European Bank for Reconstruction and Development and the Black Sea Trade Development Bank of Greece, which has invested its money without any governmental guarantees. The annual throughput capacity of the new terminal is two million tonnes. The second phase of the project, including the construction of another four reservoirs in order to increase the annual capacity of the terminal to four million tonnes or 40,000 barrels per day is expected to be completed by June 2003. The construction of storage facilities for bulk and chemical cargoes is also being planned. © Neftegaz.Ru __________________________________________________ Do you Yahoo!? Faith Hill - Exclusive Performances, Videos & More http://faith.yahoo.com --------------------------- ANTI-NATO INFORMATION LIST ==^================================================================ This email was sent to: archive@jab.org EASY UNSUBSCRIBE click here: http://topica.com/u/?a84x2u.bacIlu Or send an email to: [EMAIL PROTECTED] T O P I C A -- Register now to manage your mail! http://www.topica.com/partner/tag02/register ==^================================================================
