Russian ESPO Pipeline Threatens Europe Oil Supplies

From Testosterone Pit
January 8, 2013 - 1:18pm

Contributed by Jen Alic of Oilprice.com. Russia’s Transneft has opened its second and final branch of the $25 billion, 4,700km East Siberia-Pacific Ocean (ESPO) pipeline to double its capacity to 30 million tons for total exports of 36 million tons in 2013. And it gives Russia more leverage over Europe.


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