Problems in pipeline for Russia's oil dream
Date: Thursday, June 30 @ 12:29:16 PDT
Topic: Public Policy; Political and Legal News
Russia's plan to build an oil pipeline to the Pacific, equivalent to adding another Libya to the world oil market, risks foundering over money, politics, the environment and the question of where the oil will come from.
The US$11.5 billion plan, mooted four years ago by the Russian pipeline monopoly Transneft, promises Russia its biggest economic fillip since a financial meltdown in 1998.
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