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. Last Updated: 07/27/2016

Countries Discuss Oil Pipeline Details




ANKARA, Turkey -- Officials from Azerbaijan, Georgia and Turkey met in Ankara on Friday to clear hitches created by Georgian demands over a pipeline to carry Caspian oil to world markets through Turkey.


The meeting, expected to continue into Saturday, will focus on seeking a settlement with Georgia, which has put forward several conditions for the 1,730-kilometer pipeline from the Azeri capital Baku to Turkey's southern Ceyhan terminal.


Four agreements setting out the legal framework for the $2.4 billion Baku-Ceyhan pipeline project, opposed by Russia but backed by the United States, were signed in Istanbul in November.


But Georgia later said it did not want responsibility for any force majeure incidents on its section of the pipeline and sought assurances that the line would be built with European-level environmental standards.


It also wants 2 percent to 3 percent of the transit oil that will pass through the line.