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Shell Eyes Samsun-Ceyhan Development

Royal Dutch Shell wants to take part in the development of the Samsun-Ceyhan oil pipeline.

Royal Dutch Shell wants to take part in the development of the Samsun-Ceyhan oil pipeline.

Shell has already signed a contract with Calik Energy and Italian Energy giant ENI, partners in the project. Shell is expected to contribute to the construction of the project and take part in the management of the pipeline. No information about the timeframe of this contribution and partnership has been announced.

Canan Ediboglu, chief executive of Shell-Turkey, said oil produced in Kazakhstan would be sent to the pipeline after it was finished.

The capacity of the pipeline is expected to be one million barrels per day in the beginning, and this will increase to 1.5 million barrels at the completion of the project.