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http://timesofindia.indiatimes.com/cms.dll/articleshow?artid=23396881 The Times Of India September 27, 2002 Turkey starts work on east-west oil pipeline -"Turkey has become the energy corridor linking East and West." -The 1,750-km pipeline is expected to transport some one million barrels of oil a day upon completion in 2005. -The $3-billion bill has been picked up by a consortium of investors including Azerbaijan's state oil company SOCAR and foreign oil firms BP, Statoil, Unocal, TPAO, Eni-Agip, TotalFinaElf, Itochu and Amerada Hess. -Construction was officially launched at the other end of the pipeline in Azerbaijan on September 18, in the presence of the country's president, Heydar Aliev, along with his Georgian and Turkish counterparts Edouard Chevardnadze [Shevardnadze] and Ahmet Necdet Sezer. ISTANBUL(AFP): Turkey on Thursday officially began construction at its end of a new pipeline set to bring Caspian Sea oil to Turkey's Mediterranean coast -- and up to 300 million dollars a year in income to the government. Deputy Prime Minister Mesut Yilmaz led a ceremony launching construction of the so-called BTC pipeline, named after its planned route from Baku, Azerbaijan via Tbilisi, Georgia to to Ceyhan, southern Turkey. "Turkey has become the energy corridor linking East and West," Yilmaz told the ceremony in Ceyhan. The minister said the pipeline would bring wealth to the country as a whole, generating "between 200 and 300 million dollars a year" in government revenues and 3,000 jobs in the region. The government also says the pipeline will help alleviate heavy oil tanker traffic through Istanbul's narrow Bosphorous Strait, which has raised security concerns. Also attending the ceremony were Gokhan Bildaci, head of the Turkish oil company Botas and Britain's ambassador to Turkey, Peter Westmacott. Construction was officially launched at the other end of the pipeline in Azerbaijan on September 18, in the presence of the country's president, Heydar Aliev, along with his Georgian and Turkish counterparts Edouard Chevardnadze and Ahmet Necdet Sezer. The 1,750-km pipeline is expected to transport some one million barrels of oil a day upon completion in 2005. The $ 3-billion bill has been picked up by a consortium of investors including Azerbaijan's state oil company SOCAR and foreign oil firms BP, Statoil, Unocal, TPAO, Eni-Agip, TotalFinaElf, Itochu and Amerada Hess. __________________________________________________ Do you Yahoo!? New DSL Internet Access from SBC & Yahoo! http://sbc.yahoo.com --------------------------- ANTI-NATO INFORMATION LIST ==^================================================================ This email was sent to: [email protected] 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 ==^================================================================
