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• Ceyhan to Become World’s 2-nd Largest Oil Terminal

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  Rabia Rahimbayeva    Group moderator   Ambassador

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  Ceyhan to Become World’s 2-nd Largest Oil Terminal

  Ceyhan, Turkiye’s largest port in the Mediterranean coast, is foreseen to become the second largest oil and natural gas terminal in the world. The final node of the Baku-Tbilisi-Ceyhan (BTC) pipeline carrying oil produced in Azerbaijan to the world markets, Ceyhan is chosen by the Dutch Groupe Noble for the location of a new oil terminal. Assisted by the Investment Support and Promotion Agency of Turkey (ISPAT), Groupe Noble’s search for a suitable port in the Mediterranean to house an energy terminal ended in Ceyhan, disqualified candidates being Libya and Greece.
  
  The terminal to be built on the build-operate-transfer model will cover 3,000 acres of land in Ceyhan’s Energy Specialization Zone, increasing the annual oil output of the existing terminal to 70 million tons from the current level of 50 million tons. The total cost of the investment is expected to reach EUR 2 billion.
  
  Source: Dünya
  
  Kind Regards,
  Rabia Rahimbayeva.
  
  • 13 Jan 2010, 10:17 pm
  Rabia Rahimbayeva wrote: > Ceyhan, Turkiye’s largest port in the Mediterranean coast, is > foreseen to become the second largest oil and natural gas terminal in > the world. The final node of the Baku-Tbilisi-Ceyhan (BTC) pipeline > carrying oil produced in Azerbaijan to the world markets, Ceyhan is > chosen by the Dutch Groupe Noble for the location of a new oil > terminal. Assisted by the Investment Support and Promotion Agency of > Turkey (ISPAT), Groupe Noble’s search for a suitable port in the > Mediterranean to house an energy terminal ended in Ceyhan, > disqualified candidates being Libya and Greece. > > The terminal to be built on the build-operate-transfer model will > cover 3,000 acres of land in Ceyhan’s Energy Specialization Zone, > increasing the annual oil output of the existing terminal to 70 > million tons from the current level of 50 million tons. The total > cost of the investment is expected to reach EUR 2 billion. > > Source: Dünya > > Kind Regards, > Rabia Rahimbayeva.