Azerbaijani-Turkish Oil Pipeline To Mediterranean Hits Snag Over PoliticalRisk In Caucasus
The plan to construct a $1.4bn pipeline to carry Azerbaijani (and ultimatelyKazakh) crude oil to loading terminals at the Turkish Mediterranean port ofCeyhan is understood to have hit a snag because western backers refuse to agreeto allow a 60-km. section of the pipeline to run through Iran. According to anagreement signed in March by Turkish Prime Minister Suleiman Demirel...
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