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Chevron may join the strategical Turkish pipeline project of Russian Rosneft

Russia’ s Transneft may seek to add Chevron to a group that will manage two pipelines designed to bypass Turkey’ s Bosphorus.

Chevron may join the strategical Turkish pipeline project of Russian Rosneft

 

Russia’ s Transneft may seek to add Chevron to a group that will manage two pipelines designed to bypass Turkey’ s Bosphorus, said Nikolai Tokarev, chief executive officer of the oil pipeline operator. “ All interested parties may take part in the holding in question,” Tokarev said in an interview with the corporate magazine posted on the company’ s Web site. Chevron, Bulgaria and Greece are possible partners, he said.


Russia, Italy and Turkey agreed last year to build a $2.5 billion oil pipeline from the Turkish Black Sea port of Samsun to the Mediterranean export port at Ceyhan, bypassing the crowded Bosphorus and Dardanelles. Russia, the world’ s biggest oil producer, may also work with Bulgaria and Greece to build a 285-kilometer (177-mile) pipeline linking the Black Sea port of Burgas to the Aegean port of Alexandroupolis.


Rosneft, Russia’ s biggest oil company, and Transneft signed up for the Samsun-Ceyhan project in October with Italy’ s Eni and Turkey’ s Зal


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