Bosphorus traffic set to increase threefold

Published: 1 February 2001 y., Thursday
It has been announced that when the "Chevron" oil pipeline comes on line in 2010, the amount of tanker traffic in the Bosphorus will increase three-fold, the Anatolia news agency reported yesterday. In an interview with the New York Times, Foreign Minister Ismail Cem said: "We are not going to have the Straits turned into an oil pipeline. We will never allow this to happen." The New York Times had reported that the American "Chevron" oil company was going to bring a pipeline worth $2.5 billion and pumping oil from the Tengiz basin to a terminal in Novorossisk on line in July this year. The news item said that this pipeline would increase the amount of oil produced at Novorossisk two-fold and there would be a corresponding increase in the amount of tanker traffic using the Bosphorus and the Straits taking this oil to Europe. The paper pointed out the concerns Turkish authorities have regarding an increased chance of an accident in the straits as a result of the increased tanker traffic. It says the only solution to be found will be the Baku-Ceyhan oil pipeline coming on line. Statistics show that over 50,000 commercial ships ply the waters of the Bosphorus and the Straits every year and that already the Straits are three times more crowded than the Suez and four times more crowded than the Panama canals. In order for a vessel longer than 250 m. to transit the Strait, all other traffic has to be put on hold until the vessel is safely through. Turkish authorities say that by 2010, they will need to close the Straits to other traffic four times a day and it takes over two hours for large tankers and bulk cargo carriers to transit the Straits.
Šaltinis: Turkish Daily News
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Financial sector: preventing the next crisis

New legislation for pan-European supervision of credit rating agencies and a public debate on how financial institutions are managed. more »

Russia's accession to WTO and China's role in world economy were discussed in Vilnius

On 2 June in Vilnius, Lithuania‘s Vice-Minister of Foreign Affairs Asta Skaisgirytė Liauškienė and Deputy Director General of the World Trade Organization Rufus H. Yerxa discussed the main issues on the international trade policy agenda, Russia‘s WTO accession and the changing role of China in the world economy. more »

Globalisation fund: Budgets Committee backs aid to Spain and Ireland

2157 former construction workers in Spain and 598 ex-employees at the Irish crystal glass company Waterford Crystal with suppliers could get €11 million in EU globalisation adjustment fund aid for training, self-employment and professional orientation under plans approved by the Budgets Committee on Wednesday. more »

Commission rewards Europe's best green businesses

Companies from the UK, Belgium, Germany and Spain have won the 2010 European Business Awards for the Environment. more »

Fisheries reform: firm backing for research but differing views on quotas

The planned overhaul of EU fisheries policy should devolve more powers to regions, protect small coastal fleets and boost aquaculture, said MEPs and members of national parliaments on Tuesday. more »

First JESSICA fund loan agreement signed with Lithuania’s Šiaulių bankas

The first in a series of loan agreements for energy efficiency investments in multi-apartment buildings was signed today between the European Investment Bank (EIB), as manager of the JESSICA holding fund in Lithuania, and Šiaulių bankas. more »

Estonia's euro

Despite the current economic crisis and tensions in the euro, Estonia is set to adopt the single currency in January. more »

'Polluter pays' principle for banks

Commission proposes a bank tax to cover the costs of winding down banks that go bust. more »

Strong EIB support for new energy investments in Greece

The European Investment Bank will provide a total of EUR 400 million to Hellenic Petroleum SA in order to increase the production of cleaner fuels via the upgrading of the Elefsina refinery. more »

The promotion of the electric vehicle in Europe, under examination

European ministers meet on Tuesday and Wednesday in Brussels at the final Competitiveness Council to be held during the six months of the Spanish Presidency, which has an agenda laden with important issues such as the electric vehicle, the European patent system and national R+D investment goals. more »