Samsun Ceyhan Pipeline
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SCP - Samsun Ceyhan Pipeline Project
Oil pipeline project from Turkish Northern Black Sea City Samsun to Turkish Mediterranean coast town Ceyhan. Construction of the Samsun (Black Sea coast City)-Ceyhan (Mediterranean Coast Town) Oil Pipeline (SCP), which will ease the burden of the Istanbul and Çanakkale straits carrying 120 million barrels of oil per year, will start in 2007 [1]Upon completion of the project, the companies plan to immediately start the transport of 70 million barrels of oil [2]
The 550-km-long Samsun-Ceyhan Oil Pipeline Project was jointly projected by the Turkish Calik Group and Italy's Eni. The project will cost at least 1.5 billion U.S. dollars [3]
The SCP will make the Turkish Mediterranean port of Ceyhan become a strategic oil export hub in the region. Ceyhan is already an important oil port, and it will the biggest oil terminal in Europe after the project [4] .
The ships currently passing from Istanbul and Çanakkale Straits carry 120 million barrels of crude oil annually. This figure is expected to exceed 250 million barrels in the next 10 years. Tanker traffic in the straits will be reduced by 50 percent when the Samsun-Ceyhan Crude Oil Pipeline project is put into practice [5]
[edit] Pipeline in figures
Length: 550 km
Capacity (Yearly): 70 million tons
Cost: $1.5 billion
Starting date: 2007