Russia ready to participate in Ceyhan project on better conditions
Russian Energy Minister Alexander Novak has announced that Russian companies had suggested improvements of the Ceyhan project in 2011, but the Turkish party hadn't responded.
Samsun–Ceyhan pipeline (also called Trans-Anatolian Pipeline) is a planned crude oil pipeline in Turkey from the Black Sea to the Mediterranean oil terminal in Ceyhan. The aim of this project is to provide an alternative route for Russia's and Kazakhstan's oil and to ease the traffic burden in the Bosporus and the Dardanelles.
«The talks are being held, but no agreement has been reached so far,» RIA Novosti cites Minister Novak as saying.
Adapted from Vestnik Kavkaza