OIL PROJECT ADVANCES Russia advanced an oil pipeline project to
ship Russian crude directly to Western European markets; the oil will go
through the Croatian pipeline system to that country’s Adriatic Sea port
of Omisalj. In a meeting with Croatian officials, the Russian energy
minister, Igor Yusufov, agreed to guarantee shipments of Russian crude
for the pipeline and to hold talks with other participating countries.
Under the project, pipeline and storage equipment would be upgraded to
ship 100,000 barrels of oil a day from Russia’s main oil artery into
Central Europe to the Croatian oil terminal by 2003.
Sabrina Tavernise
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