Turkey Pleges BP & Amoco An Oil Embargo If Azeri P/L To Ceyhan Isn't Built.
The ban is an escalation of pressures on AIOC, as the group favours a much cheaper pipeline to Georgia's Black Sea port of Supsa. It is also preferring a pipeline to Russia's Black Sea terminal of Novorossyisks to the Ceyhan option which could cost $3.7 bn. But AIOC is yet to make a final decision. Ankara has dropped Amoco from international bidding to build an LNG terminal and re- gasification plant near the Aegean port of Ismir.
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|Publication:||APS Review Oil Market Trends|
|Date:||Nov 30, 1998|
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