Turkey to freeze Samsun-Ceyhan project

Çalık Holding (Turkey) will find a new partner to replace Eni (Italy) for construction of the Samsun-Ceyhan pipeline, a project to connect the coast of the Black and Mediterranean Seas. Turkish Minister for Energy and Natural Resources Taner Yildiz said that the project will be frozen, unless such partner is found, Trend reports.

The minister expressed confidence that Russian energy companies would not cooperate with Cyprus in the eastern part of the Mediterranean Sea. Turkey will put companies cooperation with Cyprus in that area on the blacklist, the way it was done with Eni.

The pipeline will run from the Turkish coast of the Black Sea in the Samsun District of Ceyhan on the coast of the Mediterranean Sea. The project will transport crude oil from Russia and Kazakhstan, bypassing the Borphorus and Dardanelles.

Nicosia started explorations on the shelf in September 2011. Turkish Prime Minister Recep Tayyip Erdogan spoke out against such activities and added that Turkey will cooperate with the North Cyprus in the exclusive economic zone. Turkish forces have been stationed in the area since 1974.

Russian President Vladimir Putin, Minister for Energy Alexander Novak visited Turkey in December 2012. They expressed readiness to support the Samsun-Ceyhan pipeline if its economic conditions improve.

Novak reminded that proposals on realization of the project had been sent in 2011. Russia proposed a tariff of $55 per ton, Turkey proposed $77. The Turkish tariff makes the project too expensive, compared with other ones.

Eni, Calik, Rosneft and Transneft (Russia) signed a memorandum of understanding in October 2009 to form a joint venture for the pipeline project. Turkey has lifted the expenses from $2 billion to $4 billion for the project.

95 views


More Russian news

Sixteen-storey house on fire in Grozny

Sixteen-storey house on fire in Grozny

According to a representative of the regional emergency department, a sixteen-storey building under construction is burning in the Leninsky district of Grozny. He also said that the fire broke out ...

Krasnodar killer and victim met in stuck elevator

Krasnodar killer and victim met in stuck elevator

According to a Regional Directorate of the Investigation Committee of Russia, a man suspected of attempted murder in a stuck elevator has been arrested in Krasnodar.  On Sunday, the killer …

Putin visits opening of Moskvarium

Putin visits opening of Moskvarium

Russian President Vladimir Putin has attended the opening ceremony of the Exhibition of Economic Achievements in the Center for Oceanography and Marine Biology Moskvarium, which was built by the company Kiev Square …

Lukashenko: Russia is fed up with the conflict in Ukraine

Lukashenko: Russia is fed up with the conflict in Ukraine

President of Belarus Alexander Lukashenko has doubts that the Ukrainian leadership intends to achieve peace in Donbas. He also noted that Russia is fed up with the Ukraian conflict, especially …

Russia and Armenia discuss regulation of alcohol market

Russia and Armenia discuss regulation of alcohol market

Today the head of the Federal Service for Alcohol Market Regulation Igor Chuyan has met with the head of the State Service in Moscow Food Safety Armen Hayrapetyan.  "During the meeting …

People can wait for their turn in camp at the crossing Kerch

People can wait for their turn in camp at the crossing Kerch

According to the press service of EMERCOM in Krasnodar Territory, a tent camp for 260 people is to be organized for those queuing at the Kerch ferry. "The temporary accommodation includes ...

Peskov: We don’t discuss sending Russian troops to Syria

Peskov: We don’t discuss sending Russian troops to Syria

The matter of the possibility of sending Russian troops to Syria hasn’t been considered, said the head of the press service of the Kremlin, Dmitry Peskov, commenting on today's statement by the commander …

Peoples of Dagestan and Azerbaijan live amicably with each other

Peoples of Dagestan and Azerbaijan live amicably with each other

It has become known about the decree of Azerbaijani President Ilham Aliyev on the allocation of funds for the reconstruction of the building Derbent Azerbaijan State Drama Theater in Derbent.  …

Tamerlan Agouzarov visits Mashuk-2015

Tamerlan Agouzarov visits Mashuk-2015

Tamerlan Aguzarov has visited the North Caucasian Youth Forum Mashuk-2015, at which North Ossetian Republic Day was celebrated. The head of the region laid flowers at the Eternal ...

Dmitry Kiselev: "Koktebel Jazz Party will continue jazz tradition in Koktebel"

Dmitry Kiselev: "Koktebel Jazz Party will continue jazz tradition in Koktebel"

Видео

Chairman of the Organizing Committee of the International Festival Koktebel Jazz Party Dmitry Kiselyov and art director of the International Festival Koktebel Jazz Party Mikhail Ikonnikov spoke about the program, the participants and guests, as …

more Russian news