TRANSPORTATION OF OIL TO THE FAR EAST WON'T BE CHEAP

A&G Information Services 11-22-2004 TRANSPORTATION OF OIL TO THE FAR EAST WON'T BE CHEAP ST.PETERSBURG, RUSSIA, Nov 22, 2004 (A&G News via COMTEX) -- The president of "Transneft", Semen Vainshtok for the first time has named the cost of oil transportation along the route from Eastern Siberia to the Pacific Ocean. This project the company is considering now. At first it will amount to $47 per ton ($6,4/barrel), then after paying off of credits, which will be taken for constructing the oil pipeline, it can decline twice. According to "Transneft" ...