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Royal Dutch Shell Plc .com: LUKoil Into Turkish Pipe?

From The Moscow Times

ISTANBUL — LUKoil, Chevron and Royal Dutch Shell are among the companies interested in joining a project to build a $1.5 billion pipeline across Turkey that aims to speed up the flow of oil to world markets, oil executives said.

The Trans-Anatolian Pipeline, due to open in 2010, should relieve shipping traffic in the Bosporus and Dardanelles straits, said Ahmet Calik, chairman of Turkey’s Calik Holding, partner with Italy’s Eni in the project. (Bloomberg)

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