VOL. XLII

No. 20

17-May-1999

FSU

World Bank Study Says Baku-Ceyhan Pipeline More ExpensiveThan Alternative Routes

A study produced by the World Bank says that the cost oftransporting crude oil via the proposed Baku-Ceyhan pipeline would prove morecostly in comparison with alternative routes. Speaking in Houston on 7 Mayduring the Eurasia Group痴 Caspian Basin Forum, Mr. Peter Thomson, an expert onEuropean and Central Asian oil and gas for the World Bank, was quoted by DowJones Newswires as saying...