Russia and Eurasia

‘Samsun-Ceyhan pipe talks stalled’

0 18

By Upstream | 17 September 2010

The head of Russia’s oil pipeline monopoly Transneft said today that talks on building the Samsun-Ceyhan oil link between the Black Sea and the Mediterranean in Turkey have stalled.
He also said that a rival project, the trans-Balkan pipeline from the Bulgarian Black Sea port of Burgas to the Greek port of Alexandroupolis, which will bypass the traffic-clogged Bosphorus Straits, is a more attractive project.


“Of course, Burgas-Alexandroupolis would be more convenient (to use)… We had done a lot, prepared a feasibility study, we could have started constructing (the link) already this year,” Nikolai Tokarev said at the Reuters Summit in Moscow.


“As far as Samsun-Ceyhan is concerned, there are lots of questions, which are hard to find answers for,” he said, adding that the proposed shipment tariffs for the link are less attractive than fees imposed for using the Bosphorus Straits.


In 2007, after decades of political bickering, Bulgaria’s previous Socialist-led government signed a deal with Russia and Greece to build the trans-Balkan pipeline.


But in June, Bulgaria indicated it wants to abandon the project, estimated to cost about €1 billion ($1.29 billion), due to serious environmental risks and lack of enough economic benefits for the EU’s poorest member.


Transneft owns over 33% in the pipeline.


Russia’s largest crude producer, Rosneft and Gazprom Neft , an oil arm of gas giant Gazprom , share control over the same size, the rest is owned by Greece and Bulgaria.

About the author / 


Leave a reply

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.


  • 25th Issue is Online Now!

    Vol. VI | No. IV – October-November-December 2020 To Download the Magazine Click Here… CONTENTS 05-13….. World News by Ebru Birinci 15-20….. The Jungle Grows Back How can We Redefine the Future World Order in the Tension of Power and Ideas? by Marco Marsili 22-29….. Interview With Professor Katharyne Mitchell by Ozgur Tufekci & Rahman…

  • 24th Issue is Online Now!

    Vol. VI | No. III – July-August-September 2020 To Download the Magazine Click Here… CONTENTS 05-14….. World News by Ebru Birinci 17-24….. Preparedness for an Uncertain Future “The Only Thing We Have to Fear is Fear Itself” by Professor Mark Meirowitz 25-39….. EU LAW vs UK LAW The Primacy of EU Law over National Law:…

  • IEPAS2020 is Going Virtual!

    Dear Friends and Colleagues, IEPAS2020 is Going Virtual! Due to the COVID19 pandemic, we are holding our entire conference virtually by streaming all of the live sessions. You may participate in all of our virtual networking events. In case of missing a session, you may get full access to the replays of every session since all…

  • The 13th issue of JCTS (Journal of Conflict Transformation & Security) is out now…

    The 13th issue of JCTS (Journal of Conflict Transformation & Security) is out now… Vol. 8 | No. 1 | 2020 Click here to Download the Entire Issue   TABLE OF CONTENTS Editor’s Note By David Curran Introduction By Nergis Canefe Research Articles Statelessness as a Permanent State: Challenges to the Human Security Paradigm By…

  • The 19th Issue of The Rest: Journal of Politics and Development is Out Now!

    The 19th issue of the rest: journal of politics and development is out now. Download the issue here… TABLE OF CONTENTS Research Articles Turkish AK Parti’s Posture towards the 2003 War in Iraq: The Impact of Religion amid Security Concerns By Alberto Gasparetto Nigeria and the Great Powers: The Impacts of the Boko Haram Terrorism on…

  • CESRAN International Named again amongst the Top Think Tanks in the World

    CESRAN International is pleased to announce that it has been named again amongst the world’s best think tanks. The 2019 Global Go To Think Tank Index ranked CESRAN International 141st among the World’s “Top Think Tanks in Western Europe” 75th among the World’s “Top Environment Policy Think Tanks” 153rd among the World’s “Top Foreign Policy…