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Tuesday, July 11, 2006

Pipelines increase Turkey's importance for Europe | Reuters.com

"Pipelines increase Turkey's importance for Europe
Tue Jul 11, 2006 9:42am ET15

By Ercan Ersoy and Orhan Coskun

ISTANBUL/ANKARA (Reuters) - Turkey's strategic importance to Europe as an energy corridor is set to grow over the next decade as it pushes ahead with plans for a series of oil and gas pipelines across the country.

Turkey will inaugurate one of the pipelines on Thursday, officially opening a $3.9-billion, BP-led oil corridor from Azerbaijan's Baku to the Turkish port Ceyhan, which is already the terminal for a pipeline from Iraq's Kirkuk fields."

More:Pipelines increase Turkey's importance for Europe | Reuters.com