ISRAEL PIPELINE
June 1st, 2003
BY MARK ROWE
ISRAEL'S Eilat-Ashkelon Pipeline Company is swapping Egyptian crude oil for Russian this month (June), the final stage of a plan to transport Russian and Caspian crude to Eilat, on the Red Sea, for easier sale into Asia. The company last month awarded a tender to swap Egyptian crude oil for Russia's sour Urals crude.
ISRAEL'S Eilat-Ashkelon Pipeline Company is swapping Egyptian crude oil for Russian this month (June), the final stage of a plan to transport Russian and Caspian crude to Eilat, on the Red Sea, for easier sale into Asia. The company last month awarded a tender to swap Egyptian crude oil for Russia's sour Urals crude.
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