Middle East Economic Survey
VOL. XLVIII
No 19
9-May-2005
MEES Agenda
Crude Export Options From The Black Sea Make Marginal Headway
As Caspian and Russian crude output increases, Turkeys concern that the Bosphorus and Dardanelle straits are unable to cope with the ever-growing tanker traffic could become a problem shared by all those involved. Pipelines, either bypassing the Turkish straits or heading straight into Europe, offer a solution although at a cost. But for now, a preferred alternative...
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