VOL. XLVII

No 10

08-March-2004

Text Box: Contents Include:   ENERGY (A)   Alternatives To Bosphorus Exports, 3 Iraq Upstream Outlook, 9 Kirkuk To Be Sold On Tender Basis, 11 Saudi April Crude Prices, 12 Poten On Ethanol, 15 Tomen Turns Down Azadegan Stake, 16 Sohar Aluminium Gets Green Light, 18 Total Gets 26% Hazira LNG, 19 Bahrain Hosts GEO 2004 Conference, 20         FINANCE (B)   RasGas Bond Attracts US Interest, 1 Middle East Bond Roundup, 2 Iran Approves 2004-05 Budget, 5 IGC Investigates Oil-For-Food Graft, 7 Donors Release $1Bn To Iraq Fund, 8       POLITICS (C)   Iraq’s Interim Constitution, 1 Shi'a Shrines Attacked, 1       OP ED & DOCUMENTS (D)   Desta On OPEC And WTO, 1 Walther On Producer-Consumer Relations, 5  

Exports Through The Bosphorus: The Alternatives

Crude exports for the Caspian region are set to grow substantially over the next 10 years, a development that will put increasing pressure on the Turkish straits as the number of tankers passing through the Bosphorus and Dardanelles rises in relations to the volume of crude and products lifted from Black Sea ports. The Turkish Government says tanker traffic in the straits has reached its limit, but Russia, the largest...