Turkmenistan to spend $ 4.6 mm on oil terminal makeover

Jul 02, 2004 02:00 AM

Turkmenistan will spend $ 4.6 mm overhauling the oil tanker jetty at its Caspian Sea port of Ekerem, a spokesman for the Turkmen president told.
The state-owned Turkmenneft, which will provide the capital, is set to sign a contract for the work with Petro Gas Fze of the United Arab Emirates.

The overhaul is due to begin as early as August and will take until July 2005. The terminal is being overhauled to ensure its "safe and undisrupted operation to supply crude oil to refineries in Turkmenistan and for export," the spokesman said.
Russia's Vyborg Shipyard is designing and building facilities at the Ekerem port.

Source: Interfax Information Services
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