7/18/2008

Turkey and Israel came to terms on pipeline issue

PRNET – Turkey and Israel came to terms on preparing a feasibility report for the multi-purpose Mediterranean Pipeline project called "Medstream." Within the scope of this project which is a continuation of the Samsun-Ceyhan pipeline, 3 pipelines will be built between Turkey and Israel through which 5 important infrastructure elements will run, including oil, natural gas, electricity, water and fiber optic cable. It is being projected that this pipeline, whose feasibility study is planned to take 10 months and building process will take 3 years, will extend to Far East from India.

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