TURKEY
 
Turkey Green Lights Bosphorus By-Pass Canal Mega-Project
 
Turkey’s Higher Planning Committee has given initial approval for construction of a multi-billion dollar by-pass canal allowing oil tankers to transit from the Black Sea to the Sea of Marmara, without going through the Bosphorus Strait, Turkey’s Deputy Prime Minister, Ali Babacan, announced on 12 April. The exact route of the 45-50km channel is yet to be decided, but if given final...