10/21/2009

Turkey, Russia and Italy sign pipeline deal

Syracuse.com – Turkey, Russia and Italy signed an agreement on Monday for the construction of a pipeline that will carry crude oil from Samsun in the Black Sea to the Mediterranean port of Ceyhan, said the Italian oil company Eni in a statement. The pipeline, which will be built by Eni and Turkey's Calik Enerji, will carry Russian and Kazakh oil and provide an alternative route to the congested Bosporus strait. It is part of a project to transform Turkey into a global energy corridor.