Turkey to Inaugurate Oil Pipeline

Turkey will launch an oil pipeline between its Black Sea and Mediterranean coasts next Tuesday with a groundbreaking ceremony at the Ceyhan oil terminal, energy officials said yesterday.

At an estimated cost of $1.5 billion, the 550-kilometer-long pipeline, to be completed in 2009, will carry Kazakh and Azeri oil from the Black Sea port of Samsun to Ceyhan on the Mediterranean, bypassing the congested Turkish straits.

Energia