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Author:  Agence France Presse (Fr)  


Publisher/Date:  November 18, 1999  


Title:  Caspian gas and oil pipeline deals signed  


Original location: http://asia.dailynews.yahoo.com/headlines/world/article.html?s=asia/headlines/991118/world/afp/Caspian_gas_and_oil_pipeline_deals_signed.html


ISTANBUL, Nov 18 (AFP) - Accords for the construction of oil and gas pipelines from the Caspian Sea through Turkey to supply world markets were signed here Thursday, officials said.

The accords were signed by the presidents of the countries involved -- Turkey, Azerbaijan, Georgia and Turkmenistan.

The oil pipeline is from the Azeri capital Baku via Georgia to Turkey's Mediterranean port of Ceyhan.

The United States, Turkey and Azerbaijan have been pushing hard for the 2,000-kilometre (1,250-mile) pipeline, which they see as a way to avoid shipping Caspian crude through Iran and Russia.

The pipeline, with an estimated cost of between 2.7 and 3.3 billion dollars, is expected to become operational in 2004.

The gas pipeline is to transport gas from Turkmenistan under the Caspian Sea and on through Azerbaijan and Georgia to Turkey.


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