Wednesday, August 29, 2007

ESPO to run at full capacity, Putin is confident.

A high utilization ratio of the Eastern Siberia Pacific Ocean pipeline beyond doubt, Russian President Vladimir Putin announced. As regards keeping the ESPO project well supplied, as far as I understand, this pipeline will definitely be running at high rate Putin said at a meeting with Russian Natural Resources Minister Yury Trutnev. There is no room for doubt now the minister gave assurances on his part. All interested companies have confirmed their obligations, but it is quite clear that their activities will be more efficient if we provide more detailed geological information Trutnev added.

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[Source: Russian Stock Market Blog]

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