VOL. XLVII

No 08

23-February-2004

ISRAEL

Eilat-Ashkelon Oil Pipeline Sees Little Southbound Business In First Six Months

Israels project to reverse the flow on the Eilat-Ashkelon pipeline has yielded little southbound business since it started operations in July 2003, MEES understands (MEES, 7 July 2003). According to MEES soundings, the 254km/42in pipeline has transported just two VLCC-sized parcels of crude from Ashkelon to Eilat in the period, with tanker owners and oil companies deterred by...