VOL. XXXVI
NO. 24
15-MARCH-1993
GENERAL
Turkey and Azerbaijan Agree on $1.4bn Crude Oil Pipeline to Mediterranean
Turkey and Azerbaijan have agreed to build a crude oil pipeline running fromAzerbaijan's oilfields near Baku to Turkey's oil export terminal at Ceyhan onthe Mediterranean Sea. The Turkish Prime Minister, Mr. Suleyman Demirel, and theAzerbaijani Oil Minister, Mr. Sabit Bagirov, signed the agreement in Ankara on 9March. The pipeline will cost an estimated $1.4bn and have a capacity of...
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