VOL. XLIV

No 49

3-December-2001

CASPIAN

CPCPipeline Inaugurated As First Dedicated Caspian Export Route

TheCaspian Pipeline Consortium (CPC) inaugurated its 1,510km crude pipeline on 27November after several months of delays caused by a combination of politicaland technical problems. The $2.6bn pipeline is the first transportation systemdedicated to the exportation of crude originating in the Caspian Sea region.The ceremony took place at the CPCs Black Sea loading terminal at YuzhnayaOzereyka...