Stavropol leg of Tengiz-Novorossiysk oil pipeline cleared
The Russian Stavropol region has mapped out a 250 km leg of the intercontinental oil pipeline to be laid from Tengiz
oil field in Kazakhstan to the Black sea port of Novorossiysk via the region.
The pipeline will be put into operation in 2000 with its average oil transportation volume estimated at 27 mm tpy. Head of the regional government Stanislav Ilyasov told the operational load of the pipeline will be further twice increased.
According to Ilyasov, the Stavropol region will actively participate in the project with many of its companies already the winners of tenders for equipment and construction materials' delivery, road construction, power supply, and communication support.
Ilyasov also said that the region would receive over $ 3.5 mm for the land it had given for the project. Besides the Stavropol region will have 3 mm tpy of the Tengiz oil to fully cover its needs in fuel and technical oils.