AZERBAIJAN - The Azeri Pipeline Projects.
However, experts have warned about the unpredictable and active seismic nature of this partly shallow sea. Pipelines laid on the seabed would be exposed to risk yet to be studied. Years before Amoco of the US was bought by BP in 1999, Amoco Eurasia proposed a cheap alternative: a fleet of tug-pushed, double-hulled barges to ply across the sea from Aktau (Kazakhstan) to Baku. They would carry up to 500,000 b/d of Kazakh crudes. From Baku the crudes and AIOC's exports, would be pumped by pipeline. The fleet, to cost about $400-500m, could be put into operation within 30 months.
|Printer friendly Cite/link Email Feedback|
|Publication:||APS Review Oil Market Trends|
|Date:||Jul 19, 2004|
|Previous Article:||AZERBAIJAN - FSU Exports Hit 7M B/D Record.|
|Next Article:||AZERBAIJAN - The 1st Pipeline - Northern Route.|