Baku-Ceyhan pipeline will nevertheless be built

Oct 30, 1998 01:00 AM

"Even if the Baku-Ceyhan pipeline proves costly, it will nevertheless be built," Georgian President Eduard Shevardnadze said recently.
Shevardnadze noted that "at least 4 or 5 years will be needed to make full use of the Baku-Ceyhan pipeline, which will pass through Georgian territory. Prior to that all the oil will go through the Baku-Supsa oil pipeline". The president said that "the task of enlarging the oil reservoirs in Supsa is already on the order of the day".
He pointed out that Georgia would get large profits also from the transit piping of Kazakh oil from the Tenghiz deposit across its territory by Chevron.

Shevardnadze noted that, according to preliminary figures, Azerbaijan would get on the average $ 17 for the transit transportation of one tonne of Kazakh (Tenghiz) petroleum with the use of its tankers and railway facilities, and Georgia -- $ 10, which will be a substantial contribution to the development of the republic's economy.

Source: not available
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