Free Headline Alerts     
Worldwide Web WorldTribune.com
  • Leveling the playing field: The 2008 referendum on a unipolar world
  • U.S. steps up security around nuclear command and control sites
  • Closing the gap: Hu Jintao hails beginning of the end of U.S. 'world domination'
  • China funding Venezuela, transferring tech, selling weapons, obtaining oil

  •   breaking... 


    Monday, July 21, 2008

    Pipelines to deliver oil, gas, water, data to Israel from Turkey

    ANKARA — Israel was said to be near an agreement for another pipeline with Turkey.

    Officials said Israel and Turkey were negotiating the construction of five pipeline links, one of which could transport 40 million tons of crude oil per year, Middle East Newsline reported. They said Russia would provide gas for the Medstream pipeline, meant to deliver Caspian Sea gas and oil to India.

    Officials said an eight million euro feasibility study would be completed in May 2009. They said the pipelines would also transport water and electricity as well as data via fiber optics to Israel.

    Also In This Edition

    NORTHEAST ASIA:

    Official: N. Korea trying to develop small nuclear warhead

    MIDDLE EAST:

    Obama meets with Israeli and Palestinian leaders

    AFRICA/EUROPE:

    Russian forces in final pullback in Georgia

    "We are very close to reaching an agreement with Russia that would supply the pipeline with natural gas," Israeli Infrastructure Minister Binyamin Ben-Eliezer, who met Guler, said.

    "I have visited both Azerbaijan and Russia in order to seek resources for the project. We are very close to signing an agreement with Russia, one is a memorandum of understanding and the other is commercial."

    "The project is moving fast," Turkish Energy Minister Hilmi Guler said on July 17. "We are now trying to set up the budget. We are planning to complete the project three years after the finalization of the feasibility studies."



    About Us     l    Contact Us     l    Geostrategy-Direct.com     l    East-Asia-Intel.com
    Copyright © 2008    East West Services, Inc.    All rights reserved.