Free Headline Alerts     
Worldwide Web


Wednesday, June 30, 2010     GET REAL

Turkey: Alternatives needed for oil shipments through Bosporous Strait

ANKARA — Turkey plans to convene a meeting with foreign companies to discuss alternative routes for crude oil passage.


Officials said the Turkish Energy Ministry has scheduled a July 1 meeting to — convene representatives of leading oil companies.

The officials said the focus of the session would be ways to bypass the Bosporus and Dardenelles straits in the shipment of oil from the Black Sea to Western Europe.

Also In This Edition

"Turkey needs to immediately plan alternative routes to the straits because the chance of a major accident is growing greater by the year," an official said. "The future is much more in oil pipelines."

Officials said Turkey wants to significantly reduce the annual ship traffic in the straits from the current 140 million tons of crude oil and other products. Bosporus and Dardenelles were said to serve as the route of 2.4 million barrels of oil per day aboard 5,500 tankers.

About Us     l    Contact Us     l     l
Copyright © 2010    East West Services, Inc.    All rights reserved.