Work on main facilities of BPS' first stage completed

Nov 16, 2001 01:00 AM

The construction of main facilities of the first stage of the Baltic Pipeline System (BPS) has been completed, said the BPS project's head Yuri Sokolov. The pipeline system will make it possible to export oil from Russian rather than Baltic ports.
Plans for construction of the second stage of the BPS are currently being designed. The designs will have to be approved by Transneft, a construction customer, in January of 2002. The second stage of the project will cost approximately 7 bn roubles.

Source: Neftegazovaya vertikal via NewsBase
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