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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Tommaso who wrote (30753)5/25/2005 3:16:19 PM
From: mishedlo   of 116555
 
Giant Caspian oil pipeline opens
Oil is set to flow from the Caspian Sea direct to the Mediterranean for the first time after a $3.6bn (£2bn) pipeline opened on Wednesday.

Starting in Azerbaijan, the 1,600km (1,000 mile) pipeline will pass through Georgia to the Turkish port of Ceyhan.

The project has taken more than 10 years to finish and will unlock one of the world's biggest energy reserves.

.....

news.bbc.co.uk
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