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Russia handed Turkey draft agreement on Samsun-Ceyhan pipeline project

Russia has handed Turkey a draft intergovernmental agreement on the Samsun-Ceyhan pipeline project with oil supplies totaling 25 million tons per year, RIA Novosti reported. Russian Deputy Energy Minister Anatoly Yanovsky noted that the draft intergovernmental agreement was previously discussed with the Turkish side and taken as a basis for further activities.

Russia handed Turkey draft agreement on Samsun-Ceyhan pipeline project
30 September 2010 - 21:03

Russia has handed Turkey a draft intergovernmental agreement on the Samsun-Ceyhan pipeline project with oil supplies totaling 25 million tons per year, RIA Novosti reported.

Russian Deputy Energy Minister Anatoly Yanovsky noted that the draft intergovernmental agreement was previously discussed with the Turkish side and taken as a basis for further activities.

Samsun-Ceyhan pipeline is planned to be constructed from the Black Sea city of Samsun to Mediterranean port Ceyhan.

In October 2009, Rosneft, oil pipeline monopoly Transneft, Sovcomflot, Turkey’s Calik group and Italy’s Eni signed an agreement to participate in the construction and operation of the oil pipeline, as well as transportation, processing and joint sales of oil products.

The investments made in the project will total $ 3 bn.

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