Putin: Baltic pipeline system offers more room for export maneuvering
Published:
31 December 2001 y., Monday
The commissioning of an oil transshipping facility near St. Petersburg not only gives Russia "a window" in that part of Europe, but also enables it to maneuver between the northern and southern directions. Russian President Vladimir Putin made statement to this effect on Thursday at a ceremony for commissioning the first section of the Baltic oil pipeline system.
The specialized oil-loading port of Primorsk is the terminal of the Baltic pipeline system for exporting Russian crude from the fields of the Timano-Pechersk and West Siberian oil and gas provinces.
Putin holds that this also gives more room for maneuvering Caspian oil and offers greater opportunities for the CIS members. The president pointed out that many leaders take "a very positive attitude towards what we are doing here in the Baltic Sea area." In particular, he referred to his talk with the president of Kazakhstan about joint projects concerning production of Caspian Sea oil and said that the commissioning of the Primorsk facility "offers an opportunity for additional maneuvering between the Mediterranean market as well as the markets of Western and Northern Europe."
Šaltinis:
russianobserver.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Nils Melngailis, the Chairman of Parex banka, and Alex M Furber, American Express Vice President in Central and Eastern Europe, agreed to explore further options for co-operation.
more »
Every one of the Taiwan's 23 million population has been given a voucher worth the equivalent of just over 100 U.S.dollars.
more »
Commission cuts economic growth forecast as scale of financial crisis and ensuing global downturn become apparent.
more »
Wincor Nixdorf AG completed the first quarter of the current fiscal year with 7 percent growth in net sales and an 8 percent increase in operating profit (EBITA).
more »
New homes go up in the UK's eastern county of Norfolk. There is also the unusual take on selling new homes.
more »
Announces approximately 4,000 additional workforce reductions, primarily in the Mobile Devices business. Total cost savings from recent actions now expected to be approximately $1.5 billion in 2009.
more »
MasterCard announces organizational changes.
more »
Economic volatility , rising prices and a general pessimism about what the future holds were all opinions voiced in a recent “Eurobarometer” European survey.
more »
Wincor Nixdorf AG says it exceeded its profit goals for fiscal year 2007/2008, which ended Sept. 30, despite a battered global economy and a slight drop in retail sales.
more »
Across the country Australians are expected to spend over 10 billion U.S. dollars in post-Christmas sales.
more »